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USDNOK -React to Fan lines

Metal_Mind Posted 11 Nov. as Analysis on USD/NOK, Target: 5.8945, Date: 2nd of January, 12:00 GMT  in #Technical analysis #NOK #USD #Support #Fibonacci #Fan #Line #Retracement #USD/NOK #Krone #Norwegian

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 …
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Metal_Mind 26 Dec.

UPDATE 1 : Prediction to far from target.

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EURCAD -Double Bottom Retracement!!

Metal_Mind Posted 30 Oct. as Analysis on EUR/CAD, Target: 1.4225, Date: 2nd of December, 12:00 GMT  in #Technical analysis #Support #Fibonacci #Double #EUR/CAD #Fan #Lines #Bottom #Line #Retracement #Pullbacks
Charts: 4Hours, 1 Day.
Indicators: Fibonacii Fan Lines, Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.4390

EURCAD pair last month was ralying to complete the double bottom formation which succesfully has been achived as i predicted in my last monthly analysis.The pair reached a major resistance zone at (1.4451) from which the trend has retraced lower which was expected after such a long bull run. Looking at the chart bellow we can see the trend is in a bullish c…
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Metal_Mind 21 Nov.

UPDATE : This prediction is perfect . Direction & quality of waves is exceptional. The current level is 1.4165 which is 60 pips below target. With 10 days to go the hole picture looks very promising for this prediction.

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Metal_Mind 29 Nov.

UPDATE 2; The current price is at 1.44 over 200 pips from my prediction.

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