Open trading account 
- Charts: 4Hours, 1 Day.
- Elements used: Support & Resistances.
- Prepared with : JForex 4.
- Current Level : 0.8495
Metal_Mind's Blog
NZD/USD- Ascending Triangle?
USD/CHF - Triangle breakout !
- Charts: 4Hours, 1 Day.
- Indicators: Volume,Fibonacci Fan Lines
- Prepared with : JForex 4.
- Current Level : 0.8878
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 …
GBP/USD - 5 Years Range!
Charts: 4Hours, 1 Day,1 Week.
Indicators: Fibonacci Fan Lines,Fibonacci Retracements, Pattern Analysis Widget,EMA 200,100,50.
Current Level :1.6757
GBP/USD on a 4 hour and 1 Day chart looks ready for a retracement and range in the month to come.On the weekly chart we can see the pair completed a double bottom & double top formation last month and continue climbing 50 pips into an area of major resistance zone of previous highs for the last 5 years ago.
The pair has made another …
NZD/USD-Break Trangle Pattern!
Charts: 4Hours, 1 Day.
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.8270
NZD/USD last month looked as being in a head & shoulders pattern. I predicted that there will be some moves into completing this pattern but the price action moved within a large elongated range that contured the Triangle pattern .
The pattern analysis widget detected a triangle on a 1 Day chart, having a 78% quality and a 100 % magnitude which makes it a ''crystal clear'' pa…
EURPLN - Descending Triangle!
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 4.1825
EUR/PLN pair like the majority pairs which have euro as base currency , experienced a bullish run very high and in a relatively short perioad of time folowed by a long period of retracements.As can been seen on the chart below the pair formed an descending triangle pattern in the retracement process. I predict that the retracement will be ''contained'…
USD/MXN - Ascending Triangle!
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level : 13.2248
Mexican Peso starting from May has begin building a large support zone at (11.92) price leve from which it weaken against the us dollar which begin to gain more and more strength every day in a sharp bull rise .After this movement the pair begin to move in a range which now seen on the chart below looks like an ascending …