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Mirror the last bars

This forecast is based on Monthly bars.
The next bar will be a mirror for previously month.
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antoniogreenblue avatar
antoniogreenblue 2015年12月14日

More or less in the right direction to the forecast

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GBPNZD- Mirror Reflection!!!


Charts: 4Hours, 1 Day.
Indicators: Fibonacii Fan Lines, Fibonacci Retracements,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.9475

GBPNZD is a pretty interesting pair if you take into consideration the fact that it has the tendency to reflect past movements like a mirror.If we take a close look at the chart bellow and pay attention we can some very clear similarities between past support & resistances zones. We have 2 major resistances at the same level (2.006) with a
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Metal_Mind avatar
Metal_Mind 2013年11月17日

Update 1 : This pair is stalling. I predicted that this pair will break the 1.96 level by now but insted it formed a range between 1.95 & 1.88.The current level is 1.93 and i think my prediction could be proven true until 2 December.

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Metal_Mind 2013年11月29日

Update 2 ; The pair had a strong bullish run which passed already my prediction with 400 pips.

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