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AUD/USD-Channel within channel!


Charts: 4 Hours, 1 Week.
Indicators:Fibonacci Retracements,Support & Resistance Levels,Time Markers,MACD, EMA 200,100,50.
Current Level : 0.9110

AUD/USD pair is in a bullish channel which seem to have been broke this month. This fact is not entirely right. This month i predicted for December a retracement from the bullish channel which occured as predicted. Two months ago i predicted the start of the bullish channel which now is in development. So if we take a close look at the chart
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Metal_Mind 26 Dec.

UPDATE 1; This predictiont is pretty far from target but correct. Current price level is 0.8881 which is almost 400 pips bellow target. But despite that the trend is giving signs that a bullish reversal is set to take place for sure next month to come.

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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 &
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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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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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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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