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NZDCHF-Respects Fan Lines!

Metal_Mind Posted 31 Oct. as Analysis on NZD/CHF, Target: 0.7406, Date: 2nd of December, 12:00 GMT  in #Technical analysis #NZD #CHF #NZD/CHF #Bearish #Fibonacci #Price #Fan #Action #Target #Background

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 0.7489

NZDCHF is a very complicated and hard to predict pair because it has unpredictable sharp moves,but regarding these facts i will try to make a very logic technical analysis on this pair. I added all my tool that i use in general, Fibonacci Retracements, Fan lines, MACD, and EMA. Recent price action developed and moved above fibonacci fan …
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agddivisas avatar
agddivisas 3 Nov.

Very good analysis!

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Metal_Mind 21 Nov.

UPDATE 1: The pair made a swing high as i predict it but a bit different in the number of pips. Nonetheless the current treand is bearish and on the right path to reach my target.The current price level is 0.7509 which is 103 pips above my target. It is a good prediction .We will just wait and see how will settle.

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Metal_Mind 28 Nov.

UPDATE 2: The target has been reached already yesterday 28 November . The current price level is 0.7354 ,which is 50 pips below from the target. Excelent prediction until now in terms of quality.

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Metal_Mind 1 Dec.

UPDATE 3: Outstanding prediction. The qulity of the movement predicted on the chart is incredibly accurate . The current price level is 0.7388 and the price action is now rallying towards my target as i predicted it in the chart above. Excelent prediction.

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Metal_Mind 2 Dec.

FINAL UPDATE :Current price level is 0.7415 only 9 pips deviation from target. WIth 6 hours to go until settlement, this prediction will be very close.

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GBPAUD - Double Top

Metal_Mind Posted 27 Oct. as Analysis on GBP/AUD, Target: 1.6608, Date: 2nd of December, 12:00 GMT  in #Technical analysis #AUD #GBP #GBP/AUD #Support #Fibonacci #Double #Top #Fan Lines #Background

Charts: 1 Day,1Week
Indicators: Fibonacii Fan Lines, Support & Resistance Level , MACD, EMA 200,100,50,Time Markers.
Current Level :1.6863


GBPAUD has formed a double top formation, as can be seen on the red background of the chart. The trend has pulled back and now looks like a bearish start up. Both tops of the double top formation have each stopped at a fibonacci fan lines. The current level is (1.6863) and recently the trend found a support at (1.6643) from which had a strong …
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Maria_r 27 Oct.

+1 Like

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Daytrader21 28 Oct.

Never trade this pair before, don't find it to have enough liquidity.

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Metal_Mind 21 Nov.

UPDATE 1 : THis prediction is wrong. It seems the pair had an extraordinary liquidity this month. Daytrader you may start trading it again :)

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