Community Blog

Filtrar por etiquetas:  Percent
Avatar

EUR/JPY-Triangle Pattern!


Charts: 4Hours, 1 Day.
Elements used: EMA 3,5,13,21,50,100,Time Markers.
Current Level : 141.02

EUR/JPY has had a 5100 pips sharp bullish rise month after month until recently when it seem to have encounter a resistance level. I used percent lines levels last month to determine where the pair could be heading. I predicted a retracement period.
Today i can conclude that i was right. The retracement period did occured but the losses were recovered very quickly and the pair played in a range
Lee el artículo completo
Traducir a inglés Mostrar original
Convallium avatar

you are hard-working person)

Metal_Mind avatar

Thanks Convallium!

Metal_Mind avatar

UPDATE 1: WRONG DIRECTION. DEVIATION OVER 300 pips

Metal_Mind avatar

UPDATE 2: CUrrent price level is 142.14  narrowing the deviation to 170 pips. If we have some extraordinary event the prediction might be close. Even though that is not very likely to happen.

oDejar comentarios
Avatar

EUR/JPY-Reach Resistance !


Charts: 4Hours, 1 Day.
Elements used: Percent Line,Fibonacci Retracements,Fan Lines,MACD,Time Markers.
Current Level : 139.99

EUR/JPY has had a 5100 pips sharp bullish rise month after month until recently when it seem to have encounter a resistance level. I usual don't use percent lines, but since this move is so sharp and fan lines nor retracement would have worked on a monthly chart i decided to add them and i was really surprised seeing that th
Lee el artículo completo
Traducir a inglés Mostrar original
Metal_Mind avatar

UPDATE 1; I based this prediction counting on retrecement after the pair reached an important resistence zone. The retracement started but moved quite in a range. The deviation is 150 pips above my target.

Metal_Mind avatar

UPDATE 2: Current price level is 1.4054 which is over 230 pips above my target.

oDejar comentarios