4xForecaster

$NZD v. $JPY - This WW Might Rest At #fibonacci Before Rallying

FX:NZDJPY   New Zealand Dollar/Japanese Yen
921 73 15
Friends,

Perhaps an interesting opp             in this lesser frame (M15) where ground could possibly defined at a standard Fib contraction level, such that:

1 - 0.500-Fib = 75.589

and

2 - 0.681-Fib = 74.834

SL < 0.618-Fib
TG = 79.763 or 1-3 Line extension of WW, which ever come first.


snapshot


Not worth entering unless it declines first. It's one of those all or nothing.


Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


-----
Twitter:
@4xForecaster

LinkedIn:
David Alcindor
-----


PS: Looking back, here was an interesting one:
-
Hi-Prop Reversal @ 93.661 | $NZD $JPY #RBNZ #BOJ #elliottwave



DAA
.
David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

Signal Service or Private Course - Contact: MarketPredictiveAnalysis@gmail.com
All updates on https://twitter.com/4xForecaster
04 SEP 2015 - Twitter/LinkedIn Update:


$NZDJPY chart hit 50.0, then 61.8 #fibonacci target:

snapshot


$NZD $JPY #RBNZ #kiwi #BOJ #yen #forex


David Alcindor
+3 Reply
IvanLabrie PRO 4xForecaster
Great stuff David.
+1 Reply
02 SEP 2015 - UPDATE:

From Twitter/LinkedIn:
----------
$NZDJPY continues to fall as forecast; Geo likely mechanism of last decline:

snapshot


$NZD $JPY #RBNZ #BOJ #kiwi #yen
----------


David Alcindor
+3 Reply
01 SEP 2015 - UPDATE:

From Twitter/LinkedIn:
----------
$NZDJPY hits its 50% #fibonacci target; Mulls 0.618 target and 1- Line:

snapshot


$NZD $JPY #RBNZ #BOJ #kiwi #yen #forex
----------


David Alcindor
+2 Reply
31 AUG 2015 - UPDATE:

From Twitter/LinkedIn:
----------
$NZDJPY breaks conditional floor; Follows higher-prob. forecast pathway:

snapshot


$NZD $JPY #RBNZ #BOJ #kiwi #yen #forex
----------


David Alcindor
+4 Reply
30 AUG 2015 - Chart Update:

Beware, as this pair seems to not comply too well with WW/Geo lines:


snapshot



David
+3 Reply
IvanLabrie PRO 4xForecaster
Maybe it's the lower liquidity that distorts the patterns?
+1 Reply
30 AUG 2015 - Chart Update:


BACA < 77.775/77.758 will open the floor to 74.834


snapshot



David
+2 Reply
27 AUG 2015 - Chart Update:

Here, we are waiting for a significant technical event, not just that price would fall, but that it would fall past a specified level - That level is 77/756/77582 range, and more specifically, the LOW from which that range was generated, which appears to be slightly lower that this range - There should not be any expectation of decline unless price BACA below that defined low value (one could also consider tightening SL at range top + spread + 3-5 pips:


snapshot



David
+2 Reply
27 AUG 2015 - Chart Update:

Here, the chart shows the 1.414 level at which I would consider either entering or adding to a position when looking at an adverse excursion. Any higher than this level should really be a matter of personal risk management, although greater than 1.618 is where I would tend to let go of the trade and consider either another timeframe (the larger the adverse excursions, the more probable that price is falling under control of heavier financial players with sturdier price-moving capabilities, all of which always occur in higher frame levels).


snapshot



David
+2 Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out