4xForecaster
Long

$USD v $SEK: Wolfe Wave Completes; Eyes 8.68332 | #forex $USDSEK

FX:USDSEK   U.S. Dollar/Swedish Krona
Friends,

A few days ago (well, 20 to be precise), I posted a preliminary chart of this $USDSEK pair on the "Predictive/Forecasting" Forum (link to forum: https://www.tradingview.com/chat/#5eHLst6YxeVqGlaO) - At that point, the chart looked as follows:

snapshot
(Link:
snapshot
)

As of today, price has moved in the expected direction and completed a Wolfe Wave at Point-5, yielding this current chart result:

snapshot


At this point, I would expect price to continue its ascent to the pre-existing Predictive/Forecasting Model target, defined as:

- TG-Hi = 8.68332 - 02 JUN 2015


OVERALL:
An interim decline from current price level (8.22184 at time of this writing) may occur, but the net expectation remains bullish .

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


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Twitter:
@4xForecaster

LinkedIn:
David Alcindor
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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
24 JUN 2015 - UPDATE:

From Twitter/LinkedIn:
---------
$USDSEK continues to rally, stomped at pivot; Remains net-bullish as forecast:

snapshot


$USD $SEK #krona #forex
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snapshot



David Alcindor
+3 Reply
26 JUN 2015 - UPDATE:

From Twitter/LinkedIn:
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$USDSEK peels off resistance level as forecast; Expect level as support; Now eyes Bullish target:

snapshot


$USD $SEK #forex
----------


snapshot



David Alcindor
+1 Reply
28 JUN 2015 - UPDATE:

From Twitter/LinkedIn:
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$USDSEK jumps to prior pivot; Mulls further rallying; Predictive Model still bullish; Eyes 8.68:

snapshot


$USD $SEK #forex
----------


snapshot



David Alcindor
+1 Reply
30 JUN 2015 - UPDATE:

From Twitter/LinkedIn:
----------
$USDSEK moved as forecast; Interim downside limited as shown; Bulls still in charge:

snapshot


$USD $SEK @riksbanken #forex
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snapshot



David Alcindor
+1 Reply
02 JUL 2015 - UPDATE:

From Twitter/LinkedIn:
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$USDSEK traversed the entire geometry; Next, eyes target at 8.68332; Bullish outlook:

snapshot


$USD $SEK #forex
----------


snapshot



David Alcindor
Reply
4xForecaster PRO 4xForecaster
a year ago
02 JUL 2015 - Tech-Note:

Based on the departure right at Point-5 and the slope of its 1-4 Line and a lack of a clear Anchor point (i.e.: best if found along the 2-3 Leg), then, I would say that this geometry behaves more like a Wolfe Wave than a Geo.


David Alcindor
Reply
02 JUL 2015 - UPDATE:

Fundamental News:

From Twitter/LinkedIn:
-----------
Sweden cuts rate 10 bps, extends QE by 45bln SEK

See news in link: http://dlvr.it/BPCyLx

$USDSEK: Fundamental in line with forecast
-----------


David Alcindor
+2 Reply
10 JUL 2015 - UPDATE:

From Twitter/LinkedIn:
----------
$USDSEK remains intent on 8.68332; Possible rally from 2-4 Line ahead; Bulls in charge:

snapshot


$USD $SEK #krona #forex
----------


snapshot



David Alcindor
+1 Reply
2use 4xForecaster
a year ago
looks like a small HS at the moment
+1 Reply
4xForecaster PRO 2use
a year ago
@2Use - Not seeing what you mean. Chart? Timeframe?

David
+1 Reply
2use 4xForecaster
a year ago
Your last post with the screenshot, the price action was indeed making a Small Head and shoulders there, but the reversed and went up.
Reply
17 JUL 2015 - UPDATE:

From Twitter/LinkedIn:
----------
$USDSEK still rallying from Point-5; Mulls 8.56952 resistance; Still intent on 8.68332:

snapshot


$USD $SEK #krona #forex
----------


snapshot



David Alcindor
+2 Reply
2use 4xForecaster
a year ago
Great job, pinch away from the original forecast
+2 Reply
10 AUG 2015 - UPDATE:

From Twitter/LinkedIn:
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$USDSEK about to complete entire WW cycle, falling towards 1-4 Take-Profit Line:

snapshot


$USD $SEK #norges #krona #forex
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snapshot



David Alcindor
+1 Reply
2use 4xForecaster
a year ago
Interesting, thanx for the update
+1 Reply
12 AUG 2015 - UPDATE:

From Twitter/LinkedIn:
----------
$USDSEK continues to move in forecast direction; Eyes WW's 1-4 Take-Profit Line:

snapshot


$USD $SEK #norges #krona #forex
----------


snapshot



David Alcindor
+2 Reply
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