Friends,
Predictive/Forecasting Model had already suggested imminent decline (see prior analysis in my threads). In this particular pair, a primary, quantitative target emerges at significant historical structural levels - See line-up of highlights in following chart:
In the background, a nascent geometry is taking shape, carving out a speculative Point-4, so expect a denouement in the following week.
Invalidation levels should be considered at transgression of geometry's Point-2. Again, Point-4 remains speculative as to its final residence.
OVERALL:
Per Predictive/Forecasting Model, the outlook turns BEARISH. As the Predictive/Forecasting Model mulls the data, added qualitative/quantitative targets will be posted as we move along.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
-----
Twitter:
4xForecaster
LinkedIn:
David Alcindor
-----
.
PS: See recent completed forecast on this pair:
-
4xForecaster
Predictive/Forecasting Model had already suggested imminent decline (see prior analysis in my threads). In this particular pair, a primary, quantitative target emerges at significant historical structural levels - See line-up of highlights in following chart:
In the background, a nascent geometry is taking shape, carving out a speculative Point-4, so expect a denouement in the following week.
Invalidation levels should be considered at transgression of geometry's Point-2. Again, Point-4 remains speculative as to its final residence.
OVERALL:
Per Predictive/Forecasting Model, the outlook turns BEARISH. As the Predictive/Forecasting Model mulls the data, added qualitative/quantitative targets will be posted as we move along.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
-----
Twitter:
4xForecaster
LinkedIn:
David Alcindor
-----
.
PS: See recent completed forecast on this pair:
-
4xForecaster
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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.