Potential Geometry Completion Before Further Decline | $GBP $CAD

Looking at following potential interim development:

1 - background geometry to 1-4 Line
2 - Range: 1.89098 to 1.89610

Expecting further decline based on predictive/forecasting model, aiming for following bearish target:

- TG-Lo = 1.79707 - 20 MAR 2015





OVERALL:

Background geometry is likely to contain price subdued to range defined above. Predictive/forecasting model remains bearish.

Invalidation of longer-term directional bias should occur if price rises above point-2 of background geometry, or 1.9142.

Feel free to follow this trade in the general "Advanced Financial Market Geometries" lesson segment open today, here: tradingview.com/v/W4GwjLu0/ , for more on advanced patterns and strategies.


David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA


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