4xForecaster
Short

$USD vs. $ZAR: Abysmal Predictive/Forecasting Model | #forex

FX:USDZAR   U.S. Dollar/South African Rand
Friends,

You you followed the "Adv. Market Geometry Lessons" offered over the past months, you are now aware of this pair having hit its bullish targets in the way up, and most recently, its first bearish quantitative target ("TG-1") as we defined a top-reversal and are now considering a probable decline.

The Predictive/Forecasting Model targets are as follows:

1 - TARGET HIT - TG-1 = 11.81170 - 10 MAR 2015

2 - TG-2 = 12.42361 - 10 MAR 2015

3 - TG-3 = 10.46000 - 10 MAR 2015

and

4 - TG-Lo = 9.48240 - 10 MAR 2015


snapshot


At a finer granular level, I have just posted the following geometry, whose direction falls in line with the Model's bearish direction

----------
$USDZAR offers a completed geometry with probable decline to 11.8427:

snapshot


$USD $ZAR #forex
----------

snapshot


OVERALL:

Both geometries are unfolding at the WEEKLY and HOURLY levels. However, I will provide the more interesting analyses off of the hourly or 4-hour charts as we move along.

Invalidation of the HOURLY analysis should occur upon price adversely excursing beyond the 5-second level (only the 5-prime is shown in the chart). However, even if and once price completes the geometric             cycle at the 11.84269 target level, a significant rallying could still occur up to about 12.0600 - More on this as the Predictive/Forecasting Model churns out the necessary data to complete this secondary analysis.

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


-----
Twitter:
@4xForecaster

LinkedIn:
David Alcindor

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
iefan PRO
2 years ago
20 May 2015

$USDZAR

Hi David. I posted this on 17 May 2015, 2 WW geos at play.
snapshot
+2 Reply
4xForecaster PRO iefan
2 years ago
Hello @iefan - Very nice.

The H1 chart I posted completed. It is now rallying a bit ... Estimating about 11.999, perhaps.

However, if you pulled a DAILY chart, you might start seeing the outline of a very large system there, where Point-1 occurred on 30 JAN 2014, and an ectopic Poin-5 peaked on 13 MAR 2015. It is not a very straight-forward Geo, but has a general allure of one.

Are you seeing it?


David
+2 Reply
iefan PRO
2 years ago
21 May 2015

$USDZAR Hi David....did I chart it correctly?

snapshot
+1 Reply
4xForecaster PRO iefan
2 years ago
Hello, @iefan - Looks great.

David
+1 Reply
Realisto_FX PRO iefan
2 years ago
@ iefan, I´m considering this chart. I still have doubt on the noted circle because it was slighlt lower low than 2
snapshot
Reply
iefan PRO Realisto_FX
a year ago
@jpocalles, my sincerest apologizes, I have only just noticed your post. I have found that I force the WW or Geo on some pairs, thinking that there must be a WW or Geo in here somewhere. Inevitably these 'forced' WW or Geo's have a much lower probability of resolving in ones favor. So as difficult as it is I try and move on to another pair and look for a Geo or WW which is forming more naturally and is easier to recognize. Out of interest your chart above looks like one of David's AWW, but I don't know enough about them to be more specific. See below for my latest speculative trade on USDZAR. Cheers Iefan
+1 Reply
iefan PRO
a year ago
26 July 2015

$USDZAR

Hi David

I know this chart does not comply to all the Geo rules, however a WW seems to be in play with a higher probability of a decline....would you agree? Thank you

Iefan
snapshot
+1 Reply
4xForecaster PRO iefan
a year ago
@iefan - There are two charts that were posted some time ago ... As follows:


1 - $USDZAR - WEEKLY:
snapshot



and


2 - $USDZAR - DAILY:
snapshot



In the weekly chart, the geometry shown remains intact and illustrated the probable succession of numerical targets (TG-1, TG-2, ... etc.) that would get hit after price successfully rallied to TG-Hi (completing a prior analysis).

In the daily chart, the pair illustrates a discreet Fibonacci extension level ("EF") at which price could find resistance in support to the expected decline found in the weekly chart - That EF level expected was 1.272, which neared the 1.618-EF using a different structural reference. The proximity of the two constitute a reasonable Fib cluster from which to expect a significant headwind.


David
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out