A completed its fifth and last plot at Point-5. This offers a high-probability reversal with this geometry's 1-4 Line a probable level of attainment (along grey dotted line).
Alternatively, a high-probability target is offered through the Geo's use of its internal "Geo-Anchoring" (green star points to the best-fit anchor point along the rule-based 2-3 Leg.
OVERALL, is the dominant geometry in the field, casting its 1-4 Line as a high-probability target. A more proximal target of higher-probability stands via the Geo . Partial off-load might be considered at that level.
Predictive Analysis & Forecasting
Durango, Colorado - USA
As per comment made today, here is a probable resistance level, as this pair remains bearish with targets in force:
Look for significant resistance, high-probability reversal at the range defined in this chart:
Look for a conservative 38.6% retracement at a minimum, bringing price to a "transmural" level corresponding to Point-1.
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Hello @iefan - Yes, right on.
I would expect a push towards the larger 5-prime (as 5' represents the most frequent level of adverse excursion for the Geo) as far as the larger geometry goes. This might potentially align well with the smaller geometry's own 5'.
I just posted a high-probability target, modified from the original forecast based on the geo's Off-Set Rule.
It is the outlying contour patterns of the tiles which I seek: There is a "seed" tile, and it causes the arranging of a larger, more complex geometric matrix that sends all of these lines outward, to which price responds - The Gann square for instance has cognizance of this, but I am not sure it highlights all of it.
So the question is, what the main driver of MXN ? And we don't have to go very far: like a tons of emerging countries, especially in Sud America, it's OIL.
There is a find with another idea you posted David, 6 month ago, at the same time of this USDMXN idea, you were analysing USDCAD almost in the same case (WW hitting 5) but for this pair (known as "USDCAD = the oil commodity pair") you were bull on that one.
Knowing this correlation with oil and USDCAD, would you still be bear on the USDMXN initial chart ?
Very happy/successful 2016 year !
Here is where the Fib is likely to impact this price: