Friends, As we are hitting concepts of Wolfe Wave and Geo hard tonight, here is another opportunity to witness a probable geometric cycle completion of the WW/Geo: We already covered significant ideas and topics through $USDTRY and $NZDJPY charts, so here there are for your review, with a step-by-step review of how I construct the Geo ... These charts are...
Friends, As the $NZDJPY trade is well on its way (although, we are not assuming that it will reach targets, but only that we are moving along with the probability that it would do so - See its analysis and step-by-step developments here: ), we are now turning to another potential short. Whereas the $NZDJPY was heavier on basic technical conditions (Fibonacci...
Friends, Perhaps an interesting opp in this lesser frame (M15) where ground could possibly defined at a standard Fib contraction level, such that: 1 - 0.500-Fib = 75.589 and 2 - 0.681-Fib = 74.834 SL < 0.618-Fib TG = 79.763 or 1-3 Line extension of WW, which ever come first. Not worth entering unless it declines first. It's one of those all or...
Friends, A very quick synopsis on the $USD v. $HKD. There is a potential 5-point completion of a Wolfe Wave v. Geo completion as illustrated in the following chart: The Wolfe Wave exists irrespective of internal geometries that construct its outer geometric shell (See Mr. Bill Wolfe's www.WolfeWave.com site for an introduction to his pattern), whereas...
Friends, A bird's eye-view from the monthly chart offers a probable geometry-based play, as illustrated in the following monthly chart: In essence, there are two levels to consider: A probable resistance and a lower support, based on simple structural analysis, and complemented by the Geo's own geometry rules. STRUCTURAL ANALYSIS: Very simply put,...
Friends, PREDICTIVE/FORECASTING MODEL: Predictive/Forecasting Model is calling for a significant reversal signal at/near the range offered by the Fibonacci extensions. GEO vs. WOLFE WAVE SCENARIOS: Geo's own ectopic Point-5 may be defined by further bullish excursion, albeit limited by its 3-5' Line. Based on this temporary, capped rally, the Geo's...
Friends, A quick synopsis on this metal, coming to a cycle completion of the Geo: 1 - Price hit Predictive/Forecasting Model's qualitative target, defined at 98.27 on June 22nd; 2 - A "Warning Level" at this institutional weekly level may offer solid support and ground for reversal, here defined at 91.98; 3 - A large geometry defined by the "Geo" meets...
Friends, Here is an updated chart for this new month, as we continue to witness bearish indications on the US Dollar. As per Geo's own Off-Set Rule (i.e.: a precision refinement I developed off of the Wolfe Wave), price has rallied from the ectopic Point-5 position, namely: Point-5-prime, or 5' and rose. The Off-Set Rule states that: 1 - If price...
Friends, Here is a continuation of the on-going analysis on this $BTCUSD / #bitstamp cryptocurrency - See prior analysis right here: "BitStamp Tending To 260 Forecast: - As you may know now, that forecast held on the ground of the "OffSet Rule" of the Geo, where the idea was to determine whether price would rise any further than the current Point-4 of the...
Friends, As we are considering the much larger timeframe of this $NZDUSD pair, TradingView @iefan posted a potential Wolfe Wave on that thread. Following is the Wolfe Wave chart, which he correctly constructed: A slight modification is made using the internal geometric requirements of the "Geo", which yield a very similar geometry, but the rules of...
Friends, Re: $INVN: ---------- InvenSense Inc. is the provider of the MotionTracking™ sensor system on chip for consumer electronic devices such as smartphones, tablets, wearables, gaming devices, optical image stabilization, and remote controls for Smart TVs. (Source: www.google.com ) ---------- Just released on social media: ---------- From...
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: www.tradingview.com) - At that point, the chart looked as follows: (Link: ) As of today, price has moved in the expected direction and completed a Wolfe Wave at Point-5, yielding this current chart...
Friends, As the $USD tends to his gored wounds, expect a probable range-bound action in the days ahead. PROBABLE QUANTITATIVE/GEOMETRIC INTERPLAY: A nascent geometry is taking the shape of a Wolfe Wave, but given the structural bounds and Predictive Model data, I would expect this geometry to evolve into a possible Geo, in which case, its rules would...
Friends, Here is yet another completion of a Wolfe Wave geometry as price carves an incremental higher-high. It appears that the Wolfe Wave is weaved by most of the $USD pairs, suggesting that the $USD is dominating the recent price action. As with the recent $USD pairs posted, in this case we are also expecting a probable bullish reaction in the US...
Friends, Here too, a temporary rally in the bear-beaten Dollar might occur to the geometric extent defined in the chart, as a Wolfe Wave just completed its 5th cardinal position: A structural level, as well as the Wolfe Wave's 1-4 Line are likely to dampen any further advance, as one should expect that Fed's no-hike decision is likely to limit an further...
Friends, A punishing day that was for the US Dollar today, upon central bank words that a rate hike would likely be delayed. The move in the USDollar index weaved a familiar Wolfe Wave geometry, completing at its Point-5, as shown in the following chart: Based on this 4-hour chart, one should consider the probability of a reactive rally. Look for a...
Friends, As announced earlier today, this trade opp was worth following based on the underlying market geometry development. See follow-thourgh analysis here: - www.tradingview.com Best, David Alcindor Predictive Analysis & Forecasting Durango, Colorado - USA ----- Twitter: @4xForecaster LinkedIn: David Alcindor ----- .
Friends, PREDICTIVE MODEL: Predictive/Forecasting Model eyes the following probable bearish target: - TG-Lo = 999.8 - 11 JUN 2015 MARKET GEO: In terms of market geometry, overlay of 2 Geos is pointing to the nearing of a probable support in this long-term MONTHLY chart. The 1-3 Line of the smaller Geo is likely to play a significant impact on...