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EUR/GBP - Bearish price action !

Metal_Mind Posted 18 May as Analysis on EUR/GBP, Target: 0.8096, Date: 1st of July, 12:00 GMT  in #Technical analysis #Break #Bearish #EUR/GBP #Price #Action #Q3 #Lower #Reaction #Retested
  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements.
  • Prepared with : JForex 4.
  • Current Level : 0.8141
…
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Metal_Mind 25 June

UPDATE 1:EXCELENT PREDICTION. The pair had the bearish price action that i managed to predict so accuratly. In the first chart i  draw some support zones towards which the price action might be heading and where it can encounter resistance. My wiew at the time of analysis was that  the sell wave will find support at 0.8337 price level but the  momentum was much strong and the price action pushed lower finding  support in its lowest point at 0.7957 which is only 4 pips away  from 0.7953 my second support that i draw in the first chart.

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Metal_Mind 25 June

UPDATE1 -Part 2 :As i mentioned in this analysis the red circled area in the first chart was  very important  because it helped me predicted & project future price action developement based on historical price reaction. This idee of mine proved very accurate if we take into consideration that the pair found support at 0.7957 ,only 4 pips away from the support that i draw in first chart.Current price level is 0.8024 which is only 72 pips bellow  the target.This one truly remarkable prediction and has all the premises to hit the target.

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Metal_Mind 27 June

UPDATE 2: The deviation from target increased in the meantime  to  96 pips. This prediction still remain in the books.

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SGD/JPY - Retest & Break of Fan Lines

Metal_Mind Posted 15 Nov. as Analysis on SGD/JPY, Target: 78.5800, Date: 2nd of January, 12:00 GMT  in #Technical analysis #JPY #SGD #Break #Fibonacci #Fan #Lines #SGD/JPY #Retracement #Retest #Reaction

Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 80.41
SGD/JPY pair is in general a very interesting pair to study & analize.In the chart below we can that recent price development that occured as a retracement from that big bullish trend is constantly testing ,retesting & breaking fibonacci fan lines.I highlighted this zone in purple.We can see the first break of the fan lines 23.…
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Metal_Mind 26 Dec.

UPDATE 1 . Wrong Prediction

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