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NZD/CHF-retests major support zone!

  • Charts: 4 H,1 Day
  • Elements used: Fibonacci Retracements , CCI,Support & Resistance
  • Current Level : 0.7375
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Metal_Mind avatar
Metal_Mind 14 4月

UPDATE 1: As expected the pair retested heavily old support in this 15 day elapsed now beeing at only 100 pips from my designated target. The bias is good and with half a month to go i say it has the potential to be a good prediction .

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Metal_Mind 18 4月

Update 2 : The current price is 0.7323 and the pair is in a 100 pips range. For the moment  the chances are 50/50 for this prediction.

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Metal_Mind 25 4月

UPDATE 3: It seem the pair gain the lost ground and it just hit the target forming a new support just few pips bellow the 0.72 price level which afterwards send the pair trading higher. On friday at the closing time the pair was trading at 0.7260 which is only 43 pips above my target. There are more than five days to go until settlement but things really looks good for this one

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Metal_Mind 30 4月

UPDATE 4 :  EXCELENT  prediction.With only half a day to go  this prediction is almost fulfilled. The quality of the chart and price movement predicted is almost impeccable and right now the current price is 0.7226  which represents only 9 pips deviation from target.  The only problem i forsee is a very likely fast sell wave which will increase my deviation but overall this is a great analysis.

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ALTAS046 avatar
ALTAS046 17 10月

fall for chocolate ~~~

Skysea avatar
Skysea 17 10月

ohohoh, looks so tasty, I want to use my hand to eat it

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