KFI target analysis

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Mike166

In this thread, i use my own- created indicator , KF indicator or

shortly KFI, to find the future targets of instruments.

I've created it 4 years ago and use it as a tool to find price targets.

The thread includes any type of instruments ( i.e. forex, commodities,stocks, ...) .

I hope this could help you to have a good view of the future market move.
 
DJI ; 4-hr chart ; 6- aug :

Targets :

1st : 15513.90 ;

2nd: 15223.70 ;


Price touched 1st target, if downmove continues next one is 15223.70 .(Probability favors DN move)
 

Attachments

S & P 500 ; 4-hr chart ; 7.aug :


Targets :

1st : 1687.49 ;

2nd : 1669.07 ;




1st target is important level. If broken down, next target is in sight.
 

Attachments

Gbp /Usd ; daily chrt ; 7.Aug :


Targets :

1st : 1.5242 ; (Important level, if broken down, then next target)

2nd: 1.5119 ;


Trend : Down ;
 

Attachments

Gbp / Usd ; daily chart , 7.aug :


As stated earlier, price hit 1st target (1.5242) and bounced off.

daily trend is Up and targets are :

1st : 1.5577 ; (Important resistance , if passes , next target is achievable)

2nd: 1.5700 ;
 

Attachments

Gold , 4-hr chart , 9.aug :

Gold hit 2nd target at 1311.04 .(ref. to 8.aug chart)

When i'm talking about a target, i suppose it as a support / resistance level ,too. While the price goes beyond it, it looks further target.

As shown at 8.aug chart , 1293.23 was a target. You see price hovered and respect it as a resistance for a while. As soon as it broke it up, next target triggered.


for today,

next target is: 1325.82 ;
 

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