4xForecaster
Long

$NZD v. $JPY - Model Eyes 83.815 | #RBNZ #BOJ #yen #kiwi #forex

FX:NZDJPY   New Zealand Dollar/Japanese Yen
618 4 14
a year ago
QUICK ANALYSIS:

Perhaps one more contender is found in this $NZDJPY joining the ATHENA method group (see more currently developing in this linked room: https://www.tradingview.com/chat/#x0ZJVZ9JQjlrtd7Y ).


PREDICTIVE/FORECASTING MODEL:

Model defines the following bullish targets:

1 - TG-Hi = 83.815 - 27 OCT             2015

AND

2 - TG-Hix = 85.014 - 27 OCT             2015


snapshot



ATHENA:

Feel free to read what this method entails using the link above. Here, we are looking at a potential ATHENA development well on its way.

Interim retracement (not reversal) is likely to occur as of the level of this writing (circa 81.445), so not a bad break from the market for those missing the first ferry.


INVALIDATION:

All bullish targets and expectation would become invalidated if price BACA < 80.226.

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


----
Twitter: @4xForecaster
Linked-In: David Alcindor
TradingView: www.TradingView.com/u/4xforecaster
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- Feel free to follow more in the rooms in which pre-publishing traders are demonstrated, discussed and explained - These are development of potential analysis about to be publish, if and once they pass that inspection - These analysis cover Forex , indices , stocks , ETFs and commodities - Requests are welcome, but won't necessarily be answered first.

- All comments are for educational purpose only. If you need advice, ask a professional, licensed person. They should know.

Cheers,

David
a year ago
Comment: 02 NOV 2015 - Chart Update:

snapshot


David Alcindor
a year ago
Comment: 19 NOV 2015 - Chart Update / Tech-Note:

Price reached and reversed from a reciprocal ab = cd symmetry while a WW/Geo emerged (black) - Note that the original geometry may continue to impose its own parallels as resistance, but I would simply turn to the WW/Geo as more stable and consistent geometries:

snapshot


In any case, the Predictive/Forecasting Model bullish targets remain intact and in force ... Still, I would cast doubt on these targets if and once price breaks below the recent low, corresponding to point-d of the aforementioned ab = cd symmetry.

David Alcindor
a year ago
Comment: ... ADDENDUM ... Look for significant support at the 79.742/79.609 range defined in the chart - David
David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

Signal Service or Private Course - Contact: admin@KADAInstitute.com
All updates on https://twitter.com/4xForecaster
Andrek1876
a year ago
hey David since price closed below 80.226 twice is your ATHENA invalided? ..and isn't that a head and shoulders formation on the 4h ?
+1 Reply
4xForecaster PRO Andrek1876
a year ago
Hello @Andrek1876 - The geometry remains intact for now.

However, you are absolutely right to ALWAYS question the integrity of a pattern, geometry, or even an entire analysis - You can never go wrong with this insight, and even better yet if you maintain a "plan-B".

Here is a "Plan-B" have have kept in mind ... Since you are thinking about a possible failure (and that is the best way of trading ... I always like to think that I am wrong, and let the Model prove me wrong that I was wrong ... Sort of a null-hypothesis, may be):

snapshot


David
+2 Reply
Andrek1876 4xForecaster
a year ago
thanks for the respond with the a plan b analyst
+1 Reply
4xForecaster PRO Andrek1876
a year ago
You are very welcome @Andrek1876.

David
+1 Reply
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