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GBP/JPY-Continues Bullish Rise!

Metal_Mind Posted 15 Jan. as Analysis on GBP/JPY, Target: 171.2700, Date: 3rd of March, 12:00 GMT  in #Technical analysis #GBP/JPY #Level #Wave #Bearish #Bullish #Predict #Sharp #Rise #Target

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 171.21

GBP/JPY have had a very interesting layout in past two months. The strong bullish wave that stopped in on 31st December making room for a waited retracement after over 800 pips bullish momentum without any major retracements.Even though the recent 650 pips retracement looks like is the start of a bearish trend i want to hold ground for a bit .From my point o
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4 Comments
geula4x avatar
geula4x 15 Jan.

+1 Liked: Very interesting! Happy trading :-)

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Metal_Mind 27 Feb.

UPDATE 1: Current price level is 170.52 which is only 80 pips bellow my target. The bias is good and the pair seem to be trending. Prospects are great for this prediction to be a good one.

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Metal_Mind 2 Mar.

UPDATE 2: Current price level is 170.35 which represent a 92 pips deviation bellow my target. This prediction still looks rock solid.

jezz avatar
jezz 2 Mar.

These tend to have a better outlook than those you have even closer at this moment

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USDPLN - Going Downward!

Metal_Mind Posted 11 Nov. as Analysis on USD/PLN, Target: 3.0138, Date: 2nd of January, 12:00 GMT  in #Technical analysis #PLN #USD #Fibonacci #Price #Predict #Retracement #USD/PLN #Downward #Polish #Zloty

Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 3.1340
Polish Zloty has just found a support level around 61.80% fibonacci retracement level from where it pulled back for consolidation.The 61.80% fibonacci retracement level is a previous important support zone which i predict it will be broke any time soon , strenghten the polish zloty more aginst the ''greenback''. I predict for 2…
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Metal_Mind 26 Dec.

UPDATE 1: It seems i have been proven right with this prediction . Current price level is 3.0138 which is 96 pips above target . This is very close and with several days to go it can be count as good prediction.

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Metal_Mind 28 Dec.

UPDATE 2: The current price level is 3.0154 which is only 14 pips above the target. This preddiction is very close to target and may be proven quite accurate.

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Metal_Mind 30 Dec.

UPDATE 3: Current price level is 3.0084 which is 70 pips bellow target. It seems that all the volatility had made a big deviation in only 1 day.

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