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EUR/AUR-Trade & Long Term Wiew

  • In this blog i would like to explain my EUR/AUD trade idea ,how i got it and what is my wiew on long term for this pair.The trade idea come to me as i was conducting my daily analysis . O spotted an great opportunity in what looks like an inverted head & shoulder pattern.It is quite far from the regular look of the pattern but still in my eyes is very viable.

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First Trade Ideea on GBP/JPY !

This is my first trade ideea for this month. While doing my analysis i discovered a very nice big range development on the GBP/JPY. I went through other yen pairs but this one seemed more prolific.Excepting the all recent rather chaotic move on yen croses i sow a rather predictble pattern on this one.From the looks of it we seem to have an inverted head & shoulders. I studied past price action and find some similarities. I found another moment very recent were after a range on a daily
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NZD/USD-Break Trangle Pattern!


Charts: 4Hours, 1 Day.
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.8270
NZD/USD last month looked as being in a head & shoulders pattern. I predicted that there will be some moves into completing this pattern but the price action moved within a large elongated range that contured the Triangle pattern .
The pattern analysis widget detected a triangle on a 1 Day chart, having a 78% quality and a 100 % magnitude which makes it a ''crystal clear'' pa
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UPDATE 1 : WRONG DIRECTION

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NZDUSD- Elongated Range !


Charts: 4Hours, 1 Day.
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.8320

NZD/USD last month looked as being in a head & shoulders pattern. I predicted that there will be some moves into completing this pattern but the price action moved within a large elongated range .The pair current bias looks like another higher support zone is the very next move instead of any bearish move.
The pattern analysis widget detected a triangle on a 1 Day c…
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Metal_Mind 27 Luty

UPDATE 1: EXCELENT PREDICTION>This prediction seem to be accurate and of high quality.The range that i predicted really occured. The current price level is 0.8362 which is only 49 pips bellow my target. I am really excited about this prediction . I found it really great and accurate. I think it could be my best this month.

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UPDATE 2; This prediction seems to hold ground. The current price level is 0.8390 which represent only a 31 pips deviation bellow my target. With tommorow to go we could see this prediction as beeing extremly accurate.

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jezz 2 Mar

Hmmmm, what are the odds of having a major break tomorrow?

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UPDATE 3: Current pricel level is 0.8367 and the trend seem set for a retracement rather than going higher. This prediction has a 54 pips deviation from target.WIth one hour to go anything can happen.

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FINAL UPDATE: Deviation at settlement was 64 pips which is very far from target :(.

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NZD/USD-Head&Shoulders in Range


Charts: 1 Day,1 Week.
Indicators:Fibonacci Fan Lines ,Retracements,Support & Resistance Levels,Time Markers,RSI, EMA 200,100,50.
Current Level : 0.8175

NZD/USD break of the 0.8192-0.8214 area 23.6% Fibonacci retracement level, Oct 2 low confirms a Head and Shoulders top at 0.8544.As can bee seen on the chart below there has been two failed attempts to break the 0.8410 level which can be counted at the second shoulder of the head & shoulder pattern.
In the last month NZD/USD has moved within a…
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geula4x 26 Gru

+1 Liked: Nice analysis, combining different technical tool! Happy trading :-)

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UPDATE 1: Current price level is 0.8262 which is a 140 pips deviation from target. With several days to go this might be a close prediction.

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UPDATE 2: This seems to be extremly volatile these days.The current price level is 0.8074. It made a bearish rally of 200 pips in just 2 days. Also the target has been already hit. The deviation now is much smaller and is 48 pips bellow from target. The pair really look to be heading down,but if we have a retracement tomorow we could have a very close price to the target.

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UPDATE 3 : With over 2 hours to go the current price level is set at 0.8116 and the price is moving in a range. This means a 0.06% deviation. It's quite an excelent prediction. The quality of the prediction also is remarkable.

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FINAL UPDATE : Price at 12 :00 was 0.81107 meaning a 11 pips deviation 0.11%. This prediction really played with my nerves. After such an excelent month and great quality of trand in last minute it had a bearish retracement. What is more crazy is that after 1 minute 12 :02 the deviation became only 0.04% the price reaching 0.81185. The outcome 0.11% is good but compared to 0.04% is frustrating.

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