Model Eyes 0.6804; Wolfe Wave Completes | $AUD #gold #Forex #RBA

SYNOPSIS:

PREDICTIVE/FORECASTING MODEL:

Predictive/Forecasting Model remains intent on the following bearish targets, as defined this past October, 2015:

1 - TG-Lo = 0.68691 - 27 OCT 2015

AND

2 - TG-Lox = 0.68037 - 27 OCT 2015


MARKET GEOMETRY:

On a geometric basis, a Wolfe Wave (www.WolfeWave.com) completes, with its 1-4 Line pending within the Predictive/Forecasting Model's range.


ELLIOTT WAVE GEOMETRY:

Elliott Wave Triangle appears to form. A typically counter-rally occurs at/near its terminal Point-E.


OVERALL:
- BEARISH
- Greatest support at 0.68037

Best,


David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA


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Twitter: @4xForecaster
LinkedIn: David Alcindor
TradingView: 4xForecaster
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Commento:

02 FEB 2016 - Chart Update / Tech-Note:

Althought eh EW price geometry did not complete, price rolled as forecast upon cue of the Wolfe Wave completion.

Look for a 1-4 Line validation as a high-probability target, aligned with the Predictive/Forecasting model's targets.

Best,


David Alcindor

Commento:

05 FEB 2016 - Chart Update / Tech-Note:

5' validation calls for Geo's Rule #2 application:

Best,

David Alcindor