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GBP/CHF-Channel UP!


Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Fibonacci Retracements,EMA 3,5,13,21,50,100,Time Markers.
Current Level : 1.4809

GBP/CHF like most pairs that had the pound as base currency have began appreciating heavly in the past months taking into consideration the UK economy recovery & expansion correlated with increased consumption which boosted the pound.I added this commentary beacause ,to speak only from a tehnical point isn't the true representation of the curren
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Metal_Mind avatar
Metal_Mind 27 Mar.

UPDATE 1 : WRONG DIRECTION

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AUD/USD Channel Up


Charts
: 4Hours ,1 Day.
Indicators
: Fibonacci Fan Lines 4 H, 1Day Time Frame(TF);Fibonacci Retracements,Support & Resistance Levels,EMA200.
Current Level : 0.9360

AUD/USD is on a strong buy trend now, after it encounter a major support at (0.8845) which had a retesting in an attempt to break lower that failed and as a result formed a higher support at (0.8887) which pushed the aussie all the way high till the Fibonacci 38.20% retracement level of (0.9509) where it formed a new resistance
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Metal_Mind avatar
Metal_Mind 24 Oct.

I don't know were , but i would like to post the chart now at month's end with price movement for all of you to see how accurate this prediction is.

Daytrader21 avatar

Very impressive by the accuracy of your prediction. This one is a top noch analysis, I have made an aussie prediction as well and it's pretty much in line with your own view. You're having very good prediction lately. Just keep up the good job

Maria_r avatar
Maria_r 24 Oct.

+1 )

Metal_Mind avatar
Metal_Mind 29 Oct.

UPDATE 3 : The prediction has been proven true , accurrate and respected all drawn waves. Target has been reached already and the price now over 100 pips below target. We have 3 more days to go until deadline. There is a possibility the pair to respect the channel and rebound from (0.9460) level and make a long run up . Nonetheless even the prediction will not come close on pips at the right time, i am proud it moved exactly how i seen it. It is my best prediction i gave so far in this contest .

Metal_Mind avatar

UPDATE 4:Even though this is one of my best predictions this month the price is over 100 pips below target. Nonetheless this prediction is incredibly accurate ,and respected all predicted waves. I mark it as on e of my best technical analysis of all time.

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