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GBPAUD - Double Top

Metal_Mind Posted 27 Oct. as Analysis on GBP/AUD, Target: 1.6608, Date: 2nd of December, 12:00 GMT  in #Technical analysis #AUD #GBP #GBP/AUD #Support #Fibonacci #Double #Top #Fan Lines #Background

Charts: 1 Day,1Week
Indicators: Fibonacii Fan Lines, Support & Resistance Level , MACD, EMA 200,100,50,Time Markers.
Current Level :1.6863


GBPAUD has formed a double top formation, as can be seen on the red background of the chart. The trend has pulled back and now looks like a bearish start up. Both tops of the double top formation have each stopped at a fibonacci fan lines. The current level is (1.6863) and recently the trend found a support at (1.6643) from which had a strong …
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3 Comments
Maria_r avatar
Maria_r 27 Oct.

+1 Like

Daytrader21 avatar
Daytrader21 28 Oct.

Never trade this pair before, don't find it to have enough liquidity.

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Metal_Mind 21 Nov.

UPDATE 1 : THis prediction is wrong. It seems the pair had an extraordinary liquidity this month. Daytrader you may start trading it again :)

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EURAUD - Descending

Metal_Mind Posted 27 Oct. as Analysis on EUR/AUD, Target: 1.4006, Date: 2nd of December, 12:00 GMT  in #Technical analysis #AUD #EUR #Support #Bearish #EUR/AUD #Fan #Retracements #Descending

Charts: 1 Day,1Week
Indicators: Fibonacii Fan Lines,Fibonacci Retracements, Support & Resistance Level , MACD, EMA 200,100,50,Time Markers.
Current Level : 0.8639

EURAUD has rebounded from a major resistance zone at (1.50) price level, and now is turning into a descending bearish channel as can be observed very well on the yellow background which highlight's 1 Week Fan lines 38.20 % & 50.00.There is a clear bearish trend forming up , and the move seems to target next Fibonacci 61.80% Lev…
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3 Comments
Maria_r avatar
Maria_r 27 Oct.

good/ +1 like

Daytrader21 avatar
Daytrader21 28 Oct.

EURAUD has a tremendous opportunity ahead and if you are in the right direction it can netted you at least 1000 pips. It can break in both directions but I favor the upside

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Metal_Mind 21 Nov.

UPDATE 1 : Wrong prediction

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AUDCHF - FAKE CHANNEL UP!

Metal_Mind Posted 26 Oct. as Analysis on AUD/CHF, Target: 0.8384, Date: 2nd of December, 12:00 GMT  in #Technical analysis #AUD #CHF #Fan #Lines #AUD/CHF #Fake #Channel

Charts: 4 Hours, 1 Day
Indicators: Fibonacii Fan Lines,Fibonacci Retracements, Support & Resistance Level , MACD, EMA 200,100,50,Time Markers.
Current Level : 0.8639

AUDCHF seen a Daily chart looks like a channel up is in formation. This is the first thought if i were to look only at price action.If we add fan lines & retracements on our chart we will see that the picture is a whole lot different.We have a fake channel up , and i say it's fake because even if the pair made higher highs &…
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Maria_r avatar
Maria_r 28 Oct.

+1

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Metal_Mind 21 Nov.

UPDATE 1 : This prediction is perfect . The trand direction & quality is perfect. Current level is 0.8441 which is almost 100 pips above target. With 10 days to go the target is very likely to be hit and be very close.

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Metal_Mind 29 Nov.

UPDATE 1; Now the current price is 0.8229 with over 160 pips below the target.

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Metal_Mind 1 Dec.

UPDATE 2: The prediction is remarkable. The trend direction is predicted exactly ,the only problem is the accuracy on this prediction. Current price leve is 0.8256 beeing over 125 pips below the target. Nonetheless great prediction.

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Metal_Mind 2 Dec.

UPDATE 3 : The current price level is 0.8284 ,that beeing 100 pips precisely bellow my initial target. Nonetheless the prediction is remarkable, the trend direction is corect and the quality extraordinary.

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AUDUSD - POSSIBLE CHANNEL DOWN

Metal_Mind Posted 25 Oct. as Analysis on AUD/USD, Target: 0.9368, Date: 2nd of December, 12:00 GMT  in #Technical analysis #AUD #USD #Resistance #Level #AUD/USD #Price #Fan #Lines #Action

Charts: 4 Hours, 1 Day
Indicators: Fibonacii Fan Lines,Fibonacci Retracements, Support & Resistance Level , MACD, EMA 200,100,50.
Current Level : 0.9620

AUD/USD seen on a daily chart with Fibonacci Fan Lines reflect the possibility of a bearish trend start and a bearish channel down formation. The pair stopped at a major resistance zone (0.9770) and now retraced lower. My prediction is a bearish trend that continues in a channel down formation between Fan lines 61.80% level and 50.00% …
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4 Comments
Maria_r avatar
Maria_r 25 Oct.

+

Daytrader21 avatar
Daytrader21 28 Oct.

We're on the same line with aussie, but just after I've submitted my forecast I thought that we can still move to the upside and retest the parity level

Metal_Mind avatar
Metal_Mind 9 Nov.

UPDATE 1: This is one of my favourite pairs because i find it very predicatable . I predicted correctly that the bullish channel will be broke, but what i miss to predict is such a good result of Non Farm Payrols which boosted the dollar a bit more than usualy,shoting through my target alread, and founding a support level at (0.9352) price level , which is 16 pips below my target. The next movement will surelly be a consolidation and maybe a range .

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Metal_Mind 21 Nov.

UPDATE 2: The current level is 0.9226 more than 100 pips below my target.With all the good news for the dollar the pair is trading a bit lower than predicted. We shall wait and see were it will settle .

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AUD/JPY - Third Wave ?

Metal_Mind Posted 25 Oct. as Analysis on AUD/JPY, Target: 95.4500, Date: 2nd of December, 12:00 GMT  in #Technical analysis #AUD #JPY #Resistance #AUD/JPY #Price #Fan #Lines #Action #Bounce

Charts: 4 Hours, 1 Day
Indicators: Fibonacii Fan Lines,Fibonacci Retracements, Support & Resistance Level , MACD, EMA 200,100,50.,Time Markers.
Current Level : 93.54.

AUD/JPY bullish trend pulled back after breaking 50% Fibonacci Fan Lines Level. Probablly the trend will continue it's bearish retracement until Fibonacci retracement lecel 38.20% (92.69) follwed by a strong bullish move until next retracement level 23.60%(97.57). There is an important resistance zone, and previously a range…
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3 Comments
Maria_r avatar
Maria_r 25 Oct.

+1 )

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Daytrader21 28 Oct.

Nice analysis

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Metal_Mind 21 Nov.

UPDATE 1 : Current level is at 93.27 . The pair didn't made a bigger third wave as predicted. Nonetheles with 10 days to go it has time to meet forecast.

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AUDCAD - FAN LINES CHANNEL UP

Metal_Mind Posted 25 Oct. as Analysis on AUD/CAD, Target: 1.0104, Date: 2nd of December, 12:00 GMT  in #Technical analysis #AUD #CAD #AUD/CAD #Price #Fan #Lines #Action #Channel #Up

Charts: 4 Hours, 1 Day
Indicators: Fibonacii Fan Lines,Fibonacci Retracements, Support & Resistance Level , MACD, EMA 200,100,50.
Current Level : 0.9989.

AUDCAD from my point of wiew will see further upside movement, but at this moment the most possible scenario is a retracement towards (0.9871). The reason i am saying this , is that while studying recent price action reaction to EMA 200 i sow that when there is an U formation like this one in 1 Day chart, the price action usually tends to…
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3 Comments
Daytrader21 avatar
Daytrader21 28 Oct.

i may be trading this pair once again

Maria_r avatar
Maria_r 28 Oct.

+1

Metal_Mind avatar
Metal_Mind 21 Nov.

UPDATE 1 :This prediction is worng . Current level is 0.9710. Very far from target.

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