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

FX:NZDJPY   New Zealand Dollar / Japanese Yen
621 4 15

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 ).


Model defines the following bullish targets:

1 - TG-Hi = 83.815 - 27 OCT 2015


2 - TG-Hix = 85.014 - 27 OCT 2015



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.


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


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA

Twitter: @4xForecaster
Linked-In: David Alcindor
TradingView: http://www.TradingView.com/u/4xforecaster

- 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.


Comment: 02 NOV 2015 - Chart Update:


David Alcindor
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:


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
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: MarketPredictiveAnalysis@gmail.com
All updates on https://twitter.com/4xForecaster
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
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):


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

+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out