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EUR/NZD -W pattern!

  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines,Fibonacci Retracements,
  • Prepared with : JForex 4.
  • Current Level : 1.5866
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AUD/NZD- Channel Up emerging pattern!

  • Charts: 4 Hours, 1 Day.
  • Elements used: Patterns,Supports & Resistances.
  • Prepared with : JForex 4.
  • Current Level : 1.0732
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Metal_Mind 31 July

UPDATE 1 : REMARKABLE PREDICTION. DEVIATION 7 PIPS. Not only that but i succesfuly predicted  the 300 pips bullish rally very exactly.The price action reached 1.1048 as expected and now is on a slight retracement . Current price action is 1.0953 which represents a 7 pips deviation from target. This is one accurate and  very qualitative prediction.

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UPDATE 2 : Curent price level is 1.0946  that beiing a 0.00% DEVIATION . This is one incredible prediction.Especialy if we consider that this is a volatile pair.

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AUD/CHF- Range?


Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines,Pattern Analysis Widget,EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.7849

AUD/CHF is in a channel down formation very well identified by the pattern analysis widget.The quality of the setup is 61% and the magnitude level is 81% on a 1 Day chart.From my point of wiew the pair has already reached a major support zone but it seems there is a tendency to go lower or form a range.
On the chart bellow we can see very clearly that the
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Metal_Mind 27 Mar.

UPDATE 1 :WRONG DIRECTION .DEVIATION 300 pips.

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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
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Convallium avatar
Convallium 28 Feb.

you are hard-working person)

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Metal_Mind 28 Feb.

Thanks Convallium!

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Metal_Mind 27 Mar.

UPDATE 1: WRONG DIRECTION. DEVIATION OVER 300 pips

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Metal_Mind 31 Mar.

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.

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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
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Metal_Mind 27 Mar.

UPDATE 1 : This prediction seem to be played out pretty well. The target has been retested at least 2 times now and  the price action is  hovering  between it. Current price level is 166.09 that beeing only a 19 pips deviation from target. This could be an extremly close prediction  if we would close the week without any major news releases.

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Metal_Mind 28 Mar.

UPDATE 2 : EXCELENT PREDICTION. The quality of the chart & prediction is overwhelming.I succeded to forecast accuratly the pound plummet.The market  has closed at 1.6643  price level.The target has been reached in the procces and current deviation is  15 pips. The prospects are great. I am a little worried though since we have 1 more day to go and the trend is strong  bullish. WIth that in mind the price might overshoot.

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Metal_Mind 31 Mar.

UPDATE 3:Current price level is 1.6665  which  increases  and almost double the deviation to 37 pips from previous 15 pips. The trend looks bullish,and from the look of it  the devition might increase even more. It is such a shame since  this prediction was very good.

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FINAL UPDATE : The price at the time of settelement was 1.6636 narrowing the  deviation to 8 pips . I am very happy with the result .

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rokasltu 2 Apr.

Good job!

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GBP/CAD-Channel UP & Double Bottom!


Charts: 1 Day,1 Week.
Indicators: Pattern Analysis Widget , MACD ,EMA:3,5,13,21,50,100,Time Markers.
Current Level : 1.8548

GBP/CAD after encounter a strong bearish retracement that took almost all the month of October & November,continued the rise of the bullish trend for more than 2000 pips until now.As the pattern analysis widget detected , the pair is in a channel up pattern of 54% quality & 45% magnitude which for sure will continue the next month.
I mainly based this 1 month predictio
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Convallium 28 Feb.

good job!

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Metal_Mind 27 Mar.

UPDATE 1 :WRONG DIRECTION

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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
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Metal_Mind 27 Mar.

UPDATE 1 : WRONG DIRECTION

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GBP/CHF-Channel UP!


Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Fibonacci Retracements,EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.4809

GBP/CHF like most pairs that had the pound as base currency have began appreciating heavly in the past months taking into consideration the UK economy recovery & expansion correlated with increased consumption which boosted the pound.I added this commentary beacause ,to speak only from a tehnical point isn't the true representation of the curren
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Metal_Mind 27 Mar.

UPDATE 1 : WRONG DIRECTION

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CAD/JPY- Seek higher grounds!


Charts: 4Hours, 1 Day.
Indicators: Pattern Analysis Widget , MACD .
Current Level : 95.19

CAD/JPY encountered a Resistance at (101.05) after a strong bullish trend of 2800 pips that started almost two years ago. From there as can been seen on the chart, there where 4 consistent attempts to break lower 92.00 level unsuccesfull though, and that helped formed a small range area between (92.00 )& (97.50 ).
As you can see the pattern analysis widget identified a complete triangle pattern of 100% mag
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Metal_Mind 27 Feb.

UPDATE 1; WRONG DIRECTION.

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UPDATE 2: Current deviation over 400 pips.

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AUD/NZD- Channel Down !


Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.0586
AUD/NZD
is in a channel down pattern for more than 8 months now. This channel down pattern is very viable also smoth and heading downwards gradually without any major disruption in the pattern.MACD on 4h chart indicates a bearish trend development soon which could be followed by some retracements but nothing significant.I don't see a channel breakout any
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Metal_Mind 27 Feb.

UPDATE 1: WRONG DIRECTION.

jezz avatar
jezz 1 Mar.

1,02 is a strong support... 5 year, if I'm not wrong...

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Yep Jezz you are right !

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UPDATE 2: Current deviation 400 pips.

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jezz 2 Mar.

Seeya next month :(

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