Community Blog

Filtrato dai tags:  Krone
Avatar

USD/DKK-Channel Down


Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 5.5703

Danish Krone in July this year found a resistance level at fibonacci retracement 0.00% (6.1792) price level which is also the area of fibonacci fan line 38.20% level. From there the krone started to strengthen beaking fibonacci retracement level one after another founding support at fibonacci 61.80% retracement level.As can be seen in
Read full story
Translate to Inglese Show original
Metal_Mind avatar

UPDATE 1 : The prediction is over 600 pips from target . It is on the right path but it is very far though from target.

oper inserire commenti
Avatar

USDNOK -React to Fan lines


Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 6.1332

USDNOK recent price development from the last 3 to 6 months will reveal that the pair seem to react at fibonacci fan lines level. If we watch closely the chart below we can see the pair trading between fan lines levels finding resistance and support at these specific levels. After the pair broke down 61.00% fan line
Read full story
Translate to Inglese Show original
Metal_Mind avatar

UPDATE 1 : Prediction to far from target.

oper inserire commenti