4xForecaster

$NZD v $CAD On Bullish Forecast Path; Geo Defined | #RBNZ #BOC

Long
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Friends,


TRADE PREPARATION:

As some of you might know, I post some of the preliminary studies in my little "atelier" where I analyze Forex pairs, indices, stocks, ETFs - Here is the link for your review (I do not really take request, and I don't do much of a job answering questions, since I consider that space a "basement-level of activity" - Still, there is some jargon and some might find the process of analysis interesting, who knows: www.tradingview.com/chat/ )

Just released on Twitter/LinkedIn is this post:
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$NZDCAD still forecast path; Ends oscillation; Eyes 0.85118 per Geo's Off-Set Rule:


$NZD $CAD #RBNZ #BOC #forex
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Following are the sequential charts, as I prepared this trade:





Here is where we are now:



FOREGROUND PREDICTIVE/FORECASTING MODEL:

The "Model" expressed the following Quant/Qual-Targets:

1 - TG-1 = 0.85450 - 01 SEP 2015

2 - TG-Hi = 0.86032 - 01 SEP 2015

and

3 - TG-Hix = 0.86408 - 01 SEP 2015


BACKGROUND GEO STRATEGY:

In the background, the Geo expressed its rarest Point-5 ectopia as price adversely excursed off of the 1-3 Line and validated a 2-4 Line projection originating from Point-1 (geometric rule defining 5-second, or 5'' as the rarest event. In contrast, 5' is the most common occurrence and results from the 2-4 Line projection originating from Point-3.

The Geo's 1-2 Line requirement is met as a reciprocal ab = cd symmetry, the 2-3 Line is usually an Elliott Wave complex zig-zag, such as a double-ZZ or triple-ZZ, or in this case, the internal construct of a bearish impulse, justifying the force the adverse excursion and definition of the 5''. The 2-4 Leg is usually a simple ZZ or simpler construct than the 2-3 Leg, whereas the 4-5 is often a mere ZZ.


GEO's OFFSET RULE:

In contrast to the Wolfe Wave pattern which declines any geometric reliance, the Geo has above set of requirements, as it serves to determine highest-probability targets. These targets are the result of geometric compensations when price moves off of the Geo's core 1-3 Line and 2-4 Line constructs, such that:

1 - Price reversing from Point-5 aims for the 1-4 Line as its highest probability target (Wolfe Wave rule);
2 - Price reversing from Point-5' aims for price level corresponding to Point-4 as its highest probability target;
and
3 - Price reversing from Point-5'' aims for price level corresponding to Point-3 as its highest probability target.

The frequency of these event occurring is as follows:

Point-5' > Point-5 > Point-5''.


OVERALL:

In the case of this chart, we are dealing with the rarest of the occurrence, and the Geo's Off-Set Rule aims for the price level corresponding to Point-3 as its highest probability target.

However, above target is based on the background geometry. In contrast, the foreground is held by the Predictive/Forecasting Model, which stands as an independent factor, and remains valid as far as the quantitative and qualitative targets defined above.

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


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