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