Friends,
Just as we hit all bearish #fibonacci-based targets in this chart (see "Linked To Related Ideas" below), we are now contemplating a rallying up to 0.64974, based on the Geo's Off-Set Rule, as price is expected to reverse course from an ectopic Point-5 completion as 5' to Point-4, the highest probability level of attainment.
Note that price is currently stompled at the convergence of the current Geo's 1-3 Line and the prior (ghosted in grey) Geo's 1-4 Line. This line represents a conservative signal level, although BACA > 3-5' was the first, most aggressive level of engagement for this long opp.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
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Twitter:
4xForecaster
LinkedIn:
David Alcindor
-----
NOTE: See how the recent geometry-based strategy, combined with simple Fibonacci targets allowed us to complete a successful trade, here:
Follow me on Tradingview.com (alias 4xForecaster) for recent and current analyses)
David Alcindor
Just as we hit all bearish #fibonacci-based targets in this chart (see "Linked To Related Ideas" below), we are now contemplating a rallying up to 0.64974, based on the Geo's Off-Set Rule, as price is expected to reverse course from an ectopic Point-5 completion as 5' to Point-4, the highest probability level of attainment.
Note that price is currently stompled at the convergence of the current Geo's 1-3 Line and the prior (ghosted in grey) Geo's 1-4 Line. This line represents a conservative signal level, although BACA > 3-5' was the first, most aggressive level of engagement for this long opp.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
-----
Twitter:
4xForecaster
LinkedIn:
David Alcindor
-----
NOTE: See how the recent geometry-based strategy, combined with simple Fibonacci targets allowed us to complete a successful trade, here:
Follow me on Tradingview.com (alias 4xForecaster) for recent and current analyses)
David Alcindor
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