by Johan Kriek (jkriek@fxinstructor.com)
Direction of Highest Probability: BEARISH
60 minute trend resistance: 1.4667
Bullish Probability above: 1.4667
Significant resistance: 1.4667
Significant support:1.4570
Direction of Highest Probability: BULLISH
60 minute trend support: 1.5840 – ESTIMATED
Bearish Probability below: 1.5770
Significant support: 1.5770, 1.5840
Significant resistance:1.5970
Direction of Highest Probability: BULLISH
60 minute trend support: 0.8700
Bearish Probability below: 0.8700
Significant support: 0.8700
Significant resistance:0.8730
Direction of Highest Probability: BEARISH
60 minute trend resistance: 90.35
Bullish Probability above: 90.35
Significant resistance: 90.35
Significant support:88.20
___________________________________________________________________________
This analysis has been based on the Probability Study Technique which is derived from the Dow Theory
Also note that a “trading condition” does not constitute a trading signal, but rather a context to execute your own trading system within.
For more about the Probability Study Technique, please visit forums.fxinstructor.com or register yourself a seat at http://www.fxinstructor.com/eng/courses/probability-reserve.php to learn this technique
Enjoy and good luck!
Johan
No comments:
Post a Comment