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USD/CHF-Pin bar predicts Rally!

Metal_Mind Posted 28 Feb. as Analysis on USD/CHF, Target: 0.9054, Date: 1st of April, 12:00 GMT  in #Technical analysis #Nfp #Swiss #Market #Bullish #Rally #USD/CHF #Pin #Bar #Frand
Charts: 4Hours, 1 Day,1 Week.
Indicators: Fibonacci Fan Lines,EMA 3,5,13,21,50,100,200,Time Markers,
Current Level :0.8795
USD/CHF has experienced an accelerated apreciation proccess short after the first decision to taper the bond buying program.Last month because of the news and major speculation in the markets more than usualy the pair experienced some retracement but nothing significant. The market mover event was the'' Non Farm Payrolls'' numbers which were very low ,almost 3 times bellow …
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5 Comments
jezz avatar
jezz 1 Mar.

If it doesn't breach support....

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Metal_Mind 2 Mar.

everything is posible but i vouche for a bullish rally . The chances are 70-30 from my point of wiew.

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Metal_Mind 27 Mar.

UPDATE 1: The  direction is definatly good. The current trend is bearish and price action at  0.8867 leve  only 180 pips below target.

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Metal_Mind 28 Mar.

UPDATE 2:This prediction made me quite a surprise today when it continued to rally until 0.89 price level narrowing the deviation. The prespects are great and with one day to go this may be the Ace in  my hand .

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Metal_Mind 28 Mar.

UPDATE 2:Taking into consideration the large pin  bar at 0.87 price level and  the support zone that followed i think we could  see a sustained bullish move until the target.

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AUD/CAD-Pin Bars reveal bullish price action!

Metal_Mind Posted 21 Jan. as Analysis on AUD/CAD, Target: 0.9792, Date: 3rd of March, 12:00 GMT  in #Technical analysis #Support #AUD/CAD #Bullish #Price #Action #Pin #Bar
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines,Fibonacci Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.9659

AUD/CAD seen on a weekly chart reveal us that the pair has some major support zones in form of significant pin bars folowed by sharp bullish price action.Also current trend found support above fan lines zone and it is more likely to see a bullish momentum in the following month rather than a bearish one.The pair could try to retest fibonacci r…
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4 Comments
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Metal_Mind 27 Feb.

UPDATE 1: Deviation is over 200 pips.!!!

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Metal_Mind 2 Mar.

UPDATE 2: Current price level is 0.9873 which is 80 pips above the target. This is a close prediction and might be proven quite right.

jezz avatar
jezz 2 Mar.

Nothing can surprise us tomorrow...

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Metal_Mind 3 Mar.

UPDATE 3: Current price action is 0.9885 which is over 93 pips above target. With one hour to go this prediction is a bit far from target.

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