#USDollar Draws Wolfe Wave; Eyes 1-4 Line; Bearish | $DXY $USD
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 rallies from Point-5, it will seek the highest probability attainment along the 1-4 Line (this is the Wolfe Wave expectation).
2 - if price rallies from Point-5' (read as point-5-prime), it will seek the highest probability attainment at the price level corresponding to Point-4 Which is a recurrent feature of this geometric adjustment I discovered, offering a much higher probability target rather than that which Mr. Bill Wolfe, author of the famed Wolfe Wave, would seek.
3 - If price rallies from Point-5'' (read as point-5-second), it will seek the highest probability attainment at the price level corresponding to Point-3.
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
-----
Twitter:
4xForecaster
LinkedIn:
David Alcindor
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.
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 rallies from Point-5, it will seek the highest probability attainment along the 1-4 Line (this is the Wolfe Wave expectation).
2 - if price rallies from Point-5' (read as point-5-prime), it will seek the highest probability attainment at the price level corresponding to Point-4 Which is a recurrent feature of this geometric adjustment I discovered, offering a much higher probability target rather than that which Mr. Bill Wolfe, author of the famed Wolfe Wave, would seek.
3 - If price rallies from Point-5'' (read as point-5-second), it will seek the highest probability attainment at the price level corresponding to Point-3.
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
-----
Twitter:
4xForecaster
LinkedIn:
David Alcindor
------
.
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