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EUR/GBP- Grexit stop, bailout incoming !

Metal_Mind Posted 25 Apr. as Analysis on EUR/GBP, Target: 0.7382, Date: 1st of June, 12:00 GMT  in #Technical analysis #EUR/GBP #Greece #Grexit #Austerity #Revolution #Bailout #Geopolitics #Plunging #Adoption #Vocal
  • Charts: 4 H,1 Day
  • Elements used: CCI , Support & Resistance
  • Current Level : 0.7161
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EUR/GBP - Trend Reversal !

Metal_Mind Posted 30 June as Analysis on EUR/GBP, Target: 0.8073, Date: 1st of August, 12:00 GMT  in #Technical analysis #Trend #Break #Reversal #Bullish #EUR/GBP #Price #Lower #Momentum
  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Fan Lines.
  • Prepared with : JForex 4.
  • Current Level : 0.8008
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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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EUR/GBP-Bullish trend supported by falling wedge!

Metal_Mind Posted 29 Mar. as Analysis on EUR/GBP, Target: 0.8375, Date: 1st of May, 12:00 GMT  in #Technical analysis #Trend #Wedge #Bullish #Cci #Down #EUR/GBP #Long #Falling #Channel
  • Charts: 4Hours, 1 Day.
  • Indicators: Fibonacci Retracements,CCI.
  • Prepared with :JForex 4.
  • Current Level :0.8265.
  1. EUR/GBP is in a channel down formation from 2009 followed by regular retracements.Last month the so called channel down has narrowed itself and now tend to look more and more like a falling wedge than a channel down.
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Alexana5 avatar
Alexana5 30 Mar.

Oh my,  Thank you for your analysis.

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Metal_Mind 21 Apr.

UPDATE 1: THe prediction looks good but there is a problem with the time scale. The price movement is a bit behind. By now i was expecting the bearish trend to reverse into a bullish sharp trend. Nevertheless the prediction  is in the books.

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Metal_Mind 30 Apr.

UPDATE 2: The deviation is 115 pips and could  be counted as wide counting that the target  settelemt is tomorow.

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Metal_Mind 30 Apr.

UPDATE 3 : Current price level  is 0.8218 which represents an 150 pips and over deviation. It looks like the deviation increased and with only one day to go this prediction could be busted.

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Metal_Mind 1 May

FINAL UPDATE Ș Deviation at settlement was over 175 pips from target,that beeing to far for a win.

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EUR/GBP-Falling Wedge !

Metal_Mind Posted 18 Feb. as Analysis on EUR/GBP, Target: 0.8268, Date: 1st of April, 12:00 GMT  in #Technical analysis #Support #Breakout #EUR/GBP #Lows #Falling Wedge #Attempt #Narrowed #Hypothesis

Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Percent Lines,EMA:3,5,13,21,50,100,200, MACD .
Current Level : 0.8249

EUR/GBP is in a channel down formation from 2009 followed by regular retracements.The pair encounter a major resistance at Fibonacci fan lines 1 W (0.8819) level from where it continued the bearish channel. The price action is the same as last month and currently moves within 50.00% & 38.20 fibonacci fan lines levels but the general trend is bearish and will continue …
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Metal_Mind 27 Mar.

UPDATE 1 : EXCELENT PREDICTION:The pair  broke the wedge as predicted and  continued the rally up until 0.8401 from were  it started a  reversal. The target  was reached in this reversal , price action going only 5 pips bellow  target. Current price level is 0.8274 which is a 6 pips  (0.06%)  deviation from target. This could be my best prediction this month and from the quality and the look of it  it could actually be my best prediction ever , since i  start attending tehnical anaysis contest.

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Metal_Mind 28 Mar.

UPDATE 2: Today there wasn t much activity on the market  . The pair moved in a range all day long. The Friday closing price was 0.8265  which narrowed the deviation to a remarkable 3 pips (0.03%) . This is one extraordinary prediction .TThis is definatly my best  prediction ever,since i started attending this contest. It looks good but since we have one more day i know that  by the  time  settlement is done  the deviation will be far greater. Nonetheless i am very proud of this acheivment.

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Metal_Mind 31 Mar.

UPDATE 3: We only have several hours to go and this extraordinary prediction is  so close to target. Current price level is 0.8264 which  represents a 4 pips deviation  from target. Taking into consideration all  the journey of this prediction and how close  the price action developed similar to my prediction i really hope the price to hold. It is very close this time.

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Metal_Mind 1 Apr.

FINAL UPDATE: The price at settlement was 0.8290 that representing a 22 pips deviation from target. Takin into consideration that this pair  was for days  only 2 -3 pips from target and also takin into consideration that extraordinary quality & layout of the prediction i can say i am dissapointed  by the result. Great prediction...but the result  just ruined it.

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EUR/GBP-Possible Retracement!

Metal_Mind Posted 19 Jan. as Analysis on EUR/GBP, Target: 0.8191, Date: 3rd of March, 12:00 GMT  in #Technical analysis #Resistance #Bearish #Fibonacci #EUR/GBP #Channel #Retracement
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Support & Resistance Levels , MACD .
Current Level : 0.8247

EUR/GBP is in a channel down formation from 2009 followed by regular retracements.The pair encounter a major resistance at Fibonacci fan lines 1 W (0.8819) level from where it continued the bearish channel. The price action is the same as last month and currently moves within 50.00% & 38.20 fibonacci fan lines levels but the general trend is bearish and will continue this way. …
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5 Comments
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Metal_Mind 27 Feb.

UPDATE 1; EXCELENT PREDICTION. Current price level is 0.8210 which is only 19 pips above the target The quality of this prediction is above excelent. It purely mirros the price action. The only problem is that we have to more trading days to go on which anything can happen.

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Metal_Mind 2 Mar.

UPDATE 2: Current price level is 0.8239 that beeing 49 pips above the target and seems the price action is heading higher but only for a retracement. The premises are excelent and with current geopolitcal events in mind i am positive that GBP will gain and euro will fall.

jezz avatar
jezz 2 Mar.

You have several pairs close to the target. With these geopolitical events, even those with a 200 pips deviation can stand a chance

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Metal_Mind 3 Mar.

UPDATE 3; Current price level is 0.8235 which represents a 41 pips deviation above my target. From the look of it the pair could start to retrace and could gain some pips closer to target until settlement.Nonetheless this prediction is excelent and very close to target.

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Metal_Mind 3 Mar.

FINAL UPDATE : Deviation at settlement was 0.8234 which is a 40 pips deviation above my target. This month it's seems i am very far with my predictions.

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EUR/GBP- Bearish Continuation

Metal_Mind Posted 16 Dec. as Analysis on EUR/GBP, Target: 0.8118, Date: 3rd of February, 12:00 GMT  in #Technical analysis #Bearish #Down #EUR/GBP #Price #Fan #Lines #Channel #Continuation
Charts: 4Hours, 1 Day.
Indicators: Fibonacci Retracements,Fibonacci Fan Lines,Support & Resistance Levels , MACD .
Current Level : 0.8443

EUR/GBP -is in a channel down formation from 2009 followed by regular retracements.The pair encounter a major resistance at Fibonacci fan lines 1 W (0.8819) level from where it continued the bearish channel. The price action currently moves within 50.00% & 38.20 fibonacci fan lines levels but the general trend is bearish and will continue this way. I keep my…
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agddivisas avatar
agddivisas 16 Dec.

Very good!

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Metal_Mind 28 Jan.

UPDATE 1 : The current price level is 0.8243 and the deviation is 143 pips above the target. THis prediction might be proven pretty close.

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Metal_Mind 2 Feb.

UPDATE 2; The trend made a short retracement. Current price level after Friday closing was 0.8200 which is a 82 pips deviation above my target. The deviation narrowed and we are closer . Preospects are good and the quality of this prediction is quite nice.The trend seems to be heading down and that is all i need . This prediction even if it's far today can be very close tommorow.

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Metal_Mind 3 Feb.

UPDATE 3 : Current price level is 0.8264 which is an 160 pips deviation from target. It is pretty far but in this market every minute makes the difference.

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EUR/GBP -Bearish Momentum!

Metal_Mind Posted 30 Nov. as Analysis on EUR/GBP, Target: 0.8213, Date: 2nd of January, 12:00 GMT  in #Technical analysis #Bearish #EUR/GBP #Price #Action #Channel #Retracements


Charts: 1 Day,1Week
Indicators: Fibonacii Fan Lines,Fibonacci Retracements, Support & Resistance Level , MACD, EMA 200,100,50,Time Markers.
Current Level : 0.8409

EUR/GBP is in a channel down formation from 2009 followed by regular retracements.The pair encounter a major resistance at Fibonacci fan lines 1 W (0.8819) level from where it continued the bearish channel. The price action currently moves within 50.00% & 38.20 fibonacci fan lines levels but the general trend is bearish and will c…
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Metal_Mind 26 Dec.

UPDATE 1 : The pair has made an up swing as expected and now is continuing the downtrend. Current level is 0.8337 which is 113pips above the target.

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Metal_Mind 28 Dec.

UPDATE 2: The pair has made a bullish retracement but the main bearish trend was stronger. The target is still valid and on the path to be reached.

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Metal_Mind 30 Dec.

UPDATE 3 : Current price level is 0.8356 which is 142 pips above the target. With one day to go and large volatility anything can happen.

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Metal_Mind 1 Jan.

UPDATE 4: The pair experinced a 80 pip bearish reversal yesterday which brought the price to 0.8300 which is more closer to my target. The deviation now is 87 pips above the target and the prospects for tommorow are great.

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Metal_Mind 2 Jan.

Final Update : The price at settlement seem to have been 0.8283 which is a 71 pips deviation from target.

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EUR/GBP Bearish Signaled by EMA

Metal_Mind Posted 30 Sep. as Analysis on EUR/GBP, Target: 0.8103, Date: 1st of November, 12:00 GMT  in #Technical analysis #GBP #EUR #Bearish #Down #EUR/GBP #Ema #Rsi #Channel
Charts: 1 Day,1Week.
Indicators: Fibonancci Fan Lines 1D,1W Time Frame ; ;Support & Resistance Levels,RSI,EMA200,50.
Current Level : 0.8356

EUR/GBP is in a channel down formation from 2009 followed by regular retracements.The pair encounter a major resistance at Fibonacci fan lines 1 W (0.8819) level from where it continued the bearish channel. We can see very well on the chart that recently EMA 200 cross with EMA 50 makes me belive the sell trend is strong & will continue in this dire…
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Furian 10 Oct.

cool

Maria_r avatar
Maria_r 19 Oct.

+ )))

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Metal_Mind 22 Oct.

UPDATE 1 : The pair is almost 370 pips away from the target. The trend is currently bulish. The prediction can be marked as wrong.

jezz avatar
jezz 22 Oct.

I really like reading your predictions - clear and simple, and with updates. Even if you're far away with this one, we'll wait and see

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Metal_Mind 1 Nov.

UPDATE 2 : The current level is 0.8459 very far from my target. Wrong Prediction.

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EUR/GBP DOWN CHANNEL?

Metal_Mind Posted 14 July as Analysis on EUR/GBP, Target: 0.8380, Date: 2nd of September, 12:00 GMT  in #Technical analysis #Pattern #EUR/GBP #Target #Down Channel
EUR/GBP has begin a bearish trend for some time and it is in a cristal clear down channel which can be seen more clearly in the first chart.I tend to think this pattern is very strong since it follows very well fibonacii retracement levels. As can been seen in the second chart it retraced on each major level but the down channel picture remained very strong .My personal wiew is another retrecement from the 23.60 fibonaci level of (0.8623) towards the level (0.8380) for the 2nd of September and a…
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jezz 15 July

I think the trend has an expiry date with German elections when it can radically reverse or go downward... my bet under current circumstances is up or sideway. Until then, bear.

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annatimone 23 July

I think EUR is generally bear.

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Metal_Mind 23 July

that is my position to @annatimone

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Metal_Mind 23 Aug.

Update: With 9 days to go till deadline the curent price today is 0.8565 and the trend encounter a resistance zone on 23.60% retracement level . We have 4 daily bars trying to break higher 0.8570. The bias is mixed right now . We can't speak of target reach until the trend don't break lower of that 4 days range it is right now.

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Metal_Mind 1 Sep.

Update : With one day till deadline we are 147 pips from target.Tomorow we have markit manufacturing pmi release ,with moderate volatility which may strengthen the pound if current trend of good releases would continue tomorow.That might move the pound closer to target since now have begin a descending trend on weekly.In case the news are not enough to make a strong move , a target for tomorow can be the range supports at 0.8460.

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