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More Analysis :gbpusd Actual Situation
Hi evereybody,
I decided to do some Hurst like analysis with centered smas,and see what happens...
FIRST CONCLUSION :See pics 1 and 2
It seems to me that we will reach a temporary top in the 1.9693+or- 39 pips..
so ,the expected reversal area is 1.9655/1.9735 approx..and this reversal should be located,in time since a few hours ago to 16 Jan at 11:00 AM GMT..
SO,WE ARE IN A POTENTIAL REVERSAL AREA,AT THIS MOMENT..
SECOND CONCLUSION : See pic3
It seems to me that the above mentioned potential reversal has the possibility to be very short..100/200 pips..WHY?
Because if the last centered sma crosses the other smas in the 1.9601/1.9605Area,THEN we will have to extrapolate from 1.9260 to 1.9605 to 1.9751+ or-49pips..so,let`s say in the 1.9700 to 1.9800 area we have our target range..and the potential time range is from this Thursday to(the pic marks Saturday,so let`s say)Monday..we will see..the more time passes the more information we have regarding this latest centered sma.
THIRD CONCLUSION:
This only an analysis,I do not trade on it,but I am mentally positioning for this kind of situation,and if my hard indicators confirm,I will trade it.
Hope that doing this kind of analysis has helped you in relation to how to use Hurst`s methods.
In the first pic you will see that I directly extrapolate the sma to predict the crossing point,I used to apply polinomial fittings(in excel กกก) to do so,but I have found that is more practical to do by line projection,it also helps knowing that usually the croos is either at the other 2 smas crossing,or approximately at the middle ..if there are 2 near crosses by the short centered smas..as it happens.
Regards
Simba
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