We return to this pair chart anew, looking at a geometric cycle completion of 2 Geo's:
In essence, a rally to the 1-4 Line of the Geo is called for, based on the concomitant completion of a Geo (Black) within a Geo (Blue).
CONDITIONS:
1 - AGGRESSIVE: Look for a slight retracement to the 78.619/78.139 range -- INVALIDATION: BACA < 77.582
2 - CONSERVATIVE: A break out to the topside of the 77.582/82.428 range -- CONFIRMATION: BACA > 82.428
3 - TARGETING the 1-4 Line for partial profit ... Consideration of the 1-3 Line validation off of Point-2 (top dashed line in faint blue) IF price remains above the BLUE 1-4 Line and below the BLACK 1-4 Line.
PREDICTIVE/FORECASTING MODEL:
Targets defined by Predictive/Forecasting Model are as follows: