Forex turning points

[udithag]

In this thread, I am going to share possible turning points in forex market specially for EUR/USD, USD/CHF and USD/CAD pairs. These turning points should be highs or lows. However I cannot say whether it is going to be a top or a bottom. but the only exact thing is that when turning point is so close, if the trend is up, then it will make a top and go down or if the trend is down, then it will make a bottom and will go up.

These turning points are calculated based on time cycles which exist on every time frame. I analyze time cycles of daily charts, 4H charts and hourly charts. Cycles do exist on 15 mins charts too. But they are too noisy and also movements are very small. So when several cycles come together, I take it as a turning point.

You have to build your own trading system based on this or you can get your trading decisions based on this analysis. Turning points ocurs on exact particular bar or most of the time +-1bar. Rarely it goes for +-2 bars or +-3 bars. Also the accuracy of the results will be around more than 70%.

So it is important to have a look at the trend when it comes near to the turning point.

I have attached a possible turning point for USD/CHF in hourly chart.

 

[indikaharsha]

ubata elakiri eka journal purpose ekata den use karanna ba bn..

 

[udithag]

Here is the possible trend changing point for EUR/USD pair on 1H chart which will occur on 2020.10.14

 

[udithag]

Previous predictions

Here is the possible trend changing point for EUR/USD pair on 1H chart which will occur on 2020.10.15

 

[වලා..]

bump,

 

[udithag]

I put EUR/USD analysis only in this thread. But I currently analyze USD/CHF pair too. you can see them from my new site.

http://fxturningpoints.com

Also I hope to maintain an accuracy of around at least 80%

Here is the previous prediction and it has become a bottom to the exact bar

 

[udithag]

Hello friends, l looks like there is a possible trend changing point in daily chart on monday. I will further analyze it and post it here.
Your comments are welcome.

 

[udithag]

Hello friends, my analysis indicates a possible turning point on daily chart around Monday. May be the bottom could be already in on friday. We will see what will happen.

 

[udithag]

Here is a possible trend changing point for EUR/USD pair on 1H chart which will occur on 2020.10.19 .

http://fxturningpoints.com

 

[udithag]

Hello friends,
Here is the possible trend changing point for EUR/USD pair on 4H chart which will occur on 2020.10.20.
http://fxturningpoints.com