edlim's Blog

Avatar

GBP/USD

W1: below MN-s1 (circa 1.37865); within ascending Alligator; AO above zero but falling.
D1: approaching W-s2 (circa 1.37383); below descending Alligator; AO below zero & falling.
My forecast for GBP/USD on 1st of June, 12:00 GMT: 1.3543.
Indicators: Alligator; Awesome oscillator (AO); Pivot point; Narrow range; & vertical line (forecast date).
Read full story
Translate to English Show original
edlim avatar
edlim 19 May

GBP/USD, D1: price below W-pp, MN-s1 (circa 1.35196) & descending Alligator lines; AO below zero but growing.

orto leave comments
Avatar

GBP/USD

W1: above ascending Alligator; AO above zero but falling.
D1: crossed above MN-r1; above ascending Alligator; AO above zero & growing.
My forecast for GBP/USD on 1st of May, 12:00 GMT: 1.44205.
Indicators: Alligator; Awesome oscillator (AO); Pivot point; Narrow range; & vertical line (forecast date).
Read full story
Translate to English Show original
orto leave comments
Avatar

GBP/USD

W1: CK- above cloud, TK & KJ; price- above cloud, TK & KJ.
D1: above MN-pp; CK- above cloud, TK & KJ; price- above cloud, TK & KJ.
I expect price to fluctuate at around "pp" before moving towards the forecast rate.
My forecast for GBP/USD on 2nd of April, 12:00 GMT: 1.40715.
Indicators: Ichimoku (Tenkan=TK, Ki-jun=KJ, Chikou=CK, Senkou A/B=Cloud); Pivot point; Narrow range; & vertical line (forecast date).
Read full story
Translate to English Show original
edlim avatar
edlim 25 Feb.

GBP/USD, 1D: price below MN-pp, W-pp, TK & KJ but above green cloud; CK above ichimoku.

edlim avatar
edlim 27 Mar.

GBP/USD, 1D: price above MN-r1 (circa 1.41053); price & CK above ichimoku.

edlim avatar
edlim 31 Mar.

GBP/USD, 1D: price crossed below MN-r1 (circa 1.41053); price & CK above cloud but between TK & KJ.

edlim avatar
edlim 5 Apr.

My expected target on 2nd of April, 12:00 GMT for GBP/USD @1.40715.
Actual rate @1.40718. Accuracy @ 0.0021 %.

orto leave comments
Avatar

GBP/USD

Tools:
  • Bollinger Bands (20, 2, 2, ema);
  • Trend lines (diagonal support/resistance);
  • Horizontal lines (support/resistance, Fibonacci levels);
  • Price action/pattern analysis; &
  • Vertical line (forecast date).

Perspective:
  • For the contest period, I'm expecting price fluctuation between the 2 horizontal lines (in "1 week" chart).
  • Weekly (left): Price reaching pivot low in Feb.'16.
Read full story
Translate to English Show original
edlim avatar
edlim 10 Feb.

GBP/USD 1D chart update: Price formed an "M" pattern; crossed below 1.3850.

orto leave comments
Avatar

GBP/USD

Tools:
  • Bollinger Bands (20, 2, 2, ema);
  • Trend lines (diagonal support/resistance);
  • Horizontal lines (horizontal support/resistance);
  • Price action/pattern analysis; &
  • Vertical line (forecast date).

Perspective:
  • I expect price to fall within the 2 support and resistance lines drawn in "1 week" chart on contest end-time.
  • Weekly (left): Price retracing from up-swing.
Read full story
Translate to English Show original
edlim avatar
edlim 24 Dec.

GBP/USD chart update.

edlim avatar
edlim 4 Jan.

GBP/USD chart update @ D1.

edlim avatar
edlim 6 Jan.

GBP/USD chart update @ D1.

orto leave comments
Avatar

GBPUSD

Tools:
  • Bollinger Bands (20, 2, 2, ema);
  • Trend lines (diagonal support/resistance);
  • Horizontal lines (support/resistance, Fibonacci levels);
  • Price action/pattern analysis; &
  • Vertical line (forecast date).
Perspective:
  • For the contest period, I'm expecting price fluctuation between the 2 horizontal lines (in "1 week" chart).
  • Weekly (left): Price turning upwards for the 2nd time after returning back to mid-Bollinger.
Read full story
Translate to English Show original
edlim avatar
edlim 29 Nov.

GBP/USD chart update

edlim avatar
edlim 19 Dec.

GBP/USD chart update

edlim avatar
edlim 23 Dec.

GBP/USD chart update: Price forming a "flat bottom triangle" pattern; expecting price to visit the blue zone for the remaining contest period.

orto leave comments
Avatar

GBP/USD

Tools:
  • Bollinger Bands (20, 2, 2, ema);
  • Trend lines (diagonal support/resistance);
  • Horizontal lines (support/resistance, Fibonacci levels); &
  • Vertical line (forecast date).

Perspective:
  • For the contest period, I'm expecting price fluctuation between the 2 horizontal lines (in "1 week" chart).
  • Weekly (left): Price re-attempting up-move.
  • Daily (right): Price found resistance at previous pivot low for the near-term.
  • My forecast on 1st of December, 12:00 GMT for GBP/USD: 1.33193.
Read full story
Translate to English Show original
edlim avatar
edlim 22 Nov.

GBP/USD in consolidation phase after dropping back below 1.32.

edlim avatar
edlim 23 Nov.

GBP/USD chart update
Price made higher high, crossing up and staying above 1.33.

edlim avatar
edlim 25 Nov.

GBP/USD within ascending channel; made higher high to reach 1.3355 before pulling down below 1.3335.

edlim avatar
edlim 27 Nov.

GBP/USD chart update

edlim avatar
edlim 29 Nov.

GBP/USD making higher high after collecting buys below 1.3280; staying within ascending channel.

orto leave comments
Avatar

GBP/USD

Tools commonly used:
Bollinger chart indicator (20, 2, 2, ema); trend lines, Fibonacci levels, horizontal lines, poly line, & vertical line (forecast date).
Technical Perspective:
For the contest period, I'm anticipating price to move within the 2 drawn lines (found in the "1 week" chart).
Weekly: Making higher high.
Daily: Tracking higher.
My expected target on 1st of November, 12:00 GMT for GBP/USD: 1.33195.
Read full story
Translate to English Show original
edlim avatar
edlim 21 Oct.

6) Price forming lower highs and higher lows (see 4H); currently at around 1.31871.

edlim avatar
edlim 24 Oct.

7) Price rebounded from 1.31 and crossed above 1.32; currently at around 1.32045.

edlim avatar
edlim 25 Oct.

8) Price making higher swing high; currently at around 1.32405.

edlim avatar
edlim 27 Oct.

7) Price forming "expanding wedge" pattern; currently below 1.3130.

edlim avatar
edlim 30 Oct.

8) Price tracking upwards after making lower pivot low; currently above 1.32.

orto leave comments
Avatar

GBP/USD

Tools commonly used:
Bollinger chart indicator; trend lines, Fibonacci levels, horizontal lines, poly line, & vertical line (forecast date).
Technical Perspective:
Within the 2 charts shows my perspective for this pair.
For the contest period, I'm anticipating price to move within the 2 drawn lines (found in the "1 week" chart).
My expected target on 2nd of October, 12:00 GMT for GBP/USD: 1.29302.
The next chart (below) is for easy reference to latest bid price:
Read full story
Translate to English Show original
edlim avatar
edlim 17 Aug.

1) Price at 1.2881, making lower low since early August.

edlim avatar
edlim 26 Aug.

2) Price closed week at ~1.2876, back within previous consolidation zone.

Napoli avatar
Napoli 29 Aug.

t

edlim avatar
edlim 2 Sep.

3) Price closed week at ~1.2951; within pivot zone after making higher high.

orto leave comments
Avatar

GBP/USD

Tools commonly used:
Bollinger chart indicator; trend lines, Fibonacci levels, horizontal lines, poly line, & vertical line (forecast date).
Technical Perspective:
Within the 2 charts shows my perspective for this pair.
For the contest period, I'm anticipating price to move within the 2 drawn lines (found in the "1 week" chart).
My expected target on 1st of September, 12:00 GMT for GBP/USD: 1.3111.
The next chart (below) is for easy reference to latest bid price:
Read full story
Translate to English Show original
edlim avatar
edlim 28 July

4) Price reacting near pivot level; currently around 1.3091.

edlim avatar
edlim 29 July

5) Price seeing resistance; currently around 1.3133.

edlim avatar
edlim 31 July

6) Price amplitude contracting, lowering to pivot level; currently around 1.3122.

edlim avatar
edlim 12 Aug.

7) Price at 1.3007; range expanded higher after touching 1.2950.

edlim avatar
edlim 19 Aug.

8) Price tracking lower, oscillating between 1.2834 and 1.2918, currently around 1.2872.

orto leave comments
More