- Charts: 4 Hours, 1 Day.
- Elements used: Patterns,Supports & Resistances.
- Prepared with : JForex 4.
- Current Level : 0.8392
Metal_Mind's Blog
AUD/CHF -Channel UP !
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 …
AUD/CHF-Channel Down Breakout?
Charts: 4Hours, 1 Day.
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.8020
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 and we should see a bullish breakout out of this channel down formation.
On the second chart we can see very clearly that the pa…
Elements used: Pattern Analysis Widget, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.8020
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 and we should see a bullish breakout out of this channel down formation.
On the second chart we can see very clearly that the pa
AUD/CHF -1000 pips Long Term Opportunity!
Charts: 4 Hours, 1 Week.
Indicators:Fibonacci Fan Lines,Fibonacci Retracements,Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 0.8239
AUD/CHF pair after that large sell trend established a large support zone which was retested as can be seen in the chart bellow and failed to break lower.I finf this situatioan as a great hint to think of a trend reversal and a bullish large run up very soon.On the left side of the chart we can see a similar situation highli…
AUDCHF - FAKE CHANNEL UP!
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 &…