$GBP vs. $JPY Nears Significant Resistance | #BOE #BOJ #forex
Updated
Friends,
Watch for resistance at 193.667 - Predictive Model calls for significant pushback - possibly reversal - at the following qualitative target:
- TG-Hi = 196.311 - 16 JUN 2015
Structural levels lurk below, at 163.079/161.453. This is a L/T chart where the Predictive /Forecasting Model represents heavier players, and is therefore less representative of the synthetic market (i.e.: retail and institutional).
There are no market geometries considered at this time.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
-----
Twitter:4xForecaster
LinkedIn:
David Alcindor
-----
.
Watch for resistance at 193.667 - Predictive Model calls for significant pushback - possibly reversal - at the following qualitative target:
- TG-Hi = 196.311 - 16 JUN 2015
Structural levels lurk below, at 163.079/161.453. This is a L/T chart where the Predictive /Forecasting Model represents heavier players, and is therefore less representative of the synthetic market (i.e.: retail and institutional).
There are no market geometries considered at this time.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
-----
Twitter:4xForecaster
LinkedIn:
David Alcindor
-----
.
Note
UPDATE - 26 JUN 2017:A lot of time has passed since this release. Then again, last analysis suggested a decline, pointing to "structural levels [lurking] below, at 163.079/161.453" as a long-term trade opp.
As of today (2 years and 10 days thereafter), price moved in the forecast direction:
A new trade opp is released in the CROW Signal Service at a much smaller timeframe, just as another target was hit.
Cheers,
David
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.