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NZD/USD- Ascending Triangle?

Metal_Mind Posted 31 May as Analysis on NZD/USD, Target: 0.8404, Date: 1st of July, 12:00 GMT  in #Technical analysis #NZD/USD #Triangle #Kiwi #Rate #Interest #Retracement #Ascending #Rbnz

  • Charts: 4Hours, 1 Day.
  • Elements used: Support & Resistances.
  • Prepared with : JForex 4.
  • Current Level : 0.8495
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Metal_Mind 25 June

UPDATE 1: Current price level is 0.8677 which represents an over 270 pips  deviation from target. I did expect a strong & fast sell wave by month end but  this prediction now is pretty far.We will  wait and see.

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Metal_Mind 27 June

UPDATE 2: Deviation increased to 354 pips.

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USD/CHF - Triangle breakout !

Metal_Mind Posted 12 May as Analysis on USD/CHF, Target: 0.8975, Date: 1st of July, 12:00 GMT  in #Technical analysis #Ecb #Euro #Fundamentals #Breakout #Triangle #USD/CHF #Sell #Strong #Boost
  • Charts: 4Hours, 1 Day.
  • Indicators: Volume,Fibonacci Fan Lines
  • Prepared with : JForex 4.
  • Current Level : 0.8878
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Metal_Mind 25 June

UPDATE 1: ANOTHER EXTRORDINARY PREDICTION. This month i had the majority of my prediction very close to target which is  quite a performance and this prediction is not an exception. The triangle breakout occured as predicted the pair gaining not less than 170 pips. Current price level is 0.8930 which is a 45 pips deviation from target. With several days to go this prediction  has enough time to hit the target. I am very happy with this one and in general i am very happy with my all predictions and overall performance for this month.

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Metal_Mind 28 June

UPDATE 2: The deviation  increased in the  meantime to 69 pips as the  price is in a correction right now. With 2 days to go i can say that this prediction is still in the books.

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EUR/JPY-Triangle Pattern!

Metal_Mind Posted 28 Feb. as Analysis on EUR/JPY, Target: 143.8800, Date: 1st of April, 12:00 GMT  in #Technical analysis #EUR/JPY #Pattern #Breakout #Bullish #Rally #Triangle #Lines #Rise #Percent

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!

Metal_Mind Posted 28 Feb. as Analysis on GBP/USD, Target: 1.6628, Date: 1st of April, 12:00 GMT  in #Technical analysis #GBP/USD #Pattern #Double #Triangle #Top #Bottom #Range #Widget #5 Years

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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Metal_Mind 1 Apr.

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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NZD/USD-Break Trangle Pattern!

Metal_Mind Posted 19 Feb. as Analysis on NZD/USD, Target: 0.8266, Date: 1st of April, 12:00 GMT  in #Technical analysis #Pattern #NZD/USD #Triangle #Shoulders #Head #Crystal #Clear #Rock #Solid

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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EURPLN - Descending Triangle!

Metal_Mind Posted 15 Nov. as Analysis on EUR/PLN, Target: 4.1233, Date: 2nd of January, 12:00 GMT  in #Technical analysis #Triangle #Fan #Lines #Retracement #EUR/PLN #Descending #Bullish Run


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'…
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Metal_Mind 26 Dec.

UPDATE 1 : Even though this is a hard to predict pair i kind got it right. Current price level is 4.1384 which is only 150 pips above the target deviation which very impresing taking in consideration that this pair is extremly volatile. With several days to go the result may come close and be quite a surprise.

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USD/MXN - Ascending Triangle!

Metal_Mind Posted 11 Nov. as Analysis on USD/MXN, Target: 13.2174, Date: 2nd of January, 12:00 GMT  in #Technical analysis #MXN #USD #Triangle #Peso #Ascending #USD/MXN #Mexican

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 …
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Metal_Mind 26 Dec.

UPDATE 1: This prediction is excelent. It seems that i predicted very accuratly the triangle pattern.At the fast rate this pair move the current price level of 13.08 could easly transform and reach the target very easly.

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