$GBP v. $AUD Completes "Geo" Cycle At 5' | #BOE #RBA #forex $USD

22 Tem 2015

Friends,

The Geo has completed its geometric cycle at a ectopic Point-5 level which is its most common occurrence, namely at 5-prime (5').





Based on the Geo's Off-Set Rule, price is expected to decline and find its highest probability target at the price level corresponding to Point-4.


A prior analysis based on the Predictive/Forecasting Model had defined two qualitative targets, namely:

1 - TG-Lo = 1.87545 - 21 APR 2015

and

2 - TG-Lox = 1.85918 - 21 APR 2015


OVERALL:
Net bearish outlook based on the Geo's expectation, as well as Predictive/Forecasting Model's unanswered targets.

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


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28 Eyl 2015

Not

28 SEP 2015 - I am working on this GBPAUD chart - Keep an eye on this for a potential opp at a shorter timeframe.

As we continue to look at the DAILY chart, the goal here is to find a mechanism by which price would descend down to the level of Point-3 in reference to the large Geo we have been following.

There are some indications within the 4-Hour chart, as well as per the Predictive/Forecasting Model, that price could test 2.25275 as price attempts to complete its Geo cycle (i.e.: First, closing the 5-point geometry, then reaching counter-trend-wise away from the 1-3 Line, just as the Wolfe Wave pattern is know to behave as it seeks validation of its 1-4 Line.

Again, 4-hour chart coming up shortly.

David Alcindor

22 Şub 2016

Not

22 FEB 2016 - Chart Update / Tech-Note:

As the Geo completed its geometric cycle, price is not heading to its corresponding Rule #2 level:


Best,

David Alcindor

18 Mar 2016

Not

18 MAR 2016 - Chart Update: Target Hit

Price finally reached the Geo's level of Point-4, adhering to the Geo's Off-Set Rule #2. In addition, the Predictive/Forecasting Model's 1.87545 target, defined nearly a year ago on April 21st, 2015 was also reached yesterday:


At this point, expect the lower qualitative target to get hit (at a lesser probability), and a reversal to occur at these levels.

Best,

David Alcindor

3 Nis 2016

Not

02 APR 2016 - Chart Update / Tech-Note:

Price reached the lowest Qual-Target at 1.85918, which was defined last April 21st, 2015:


This lower-probability, higher-reversibility target should prompt trader to look for reversal patterns.

Best,


David Alcindor

15 Nis 2016

Not

14 APR 2016 - Chart Update / Tech-Note:

Note that price carved even lower-lows, now reaching a prior target defined on February 12th 2015 (over a year ago). While this target represented a lower probability target (as a Qualitative Target, or "Qual-Target"), the nature of these targets are associated with high-probability reversal power:



Considering the recent discussion on imminent reversal in the GBP vs. CAD and imminent hit of the USOIL (WTI) target, one should consider the possibility of a commodity-wide reversal, not only affecting #oil, but #gold as well (XAU) ... Worth keeping an eye out for these commodities.

Best,


David Alcindor, CMT Affiliate