4xForecaster

#USDollar Draws Wolfe Wave; Eyes 1-4 Line; Bearish | $DXY $USD

FX:USDOLLAR   Dow Jones FXCM Dollar Index
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


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