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26 February Probability Studies - Dollar set to strengthen even more
by Johan Kriek ([email][email protected][/email] Key notes: - Massive Head and Shoulders pattern on GBP suggest potential breakout of at least 1000 pips to the downside Probability Studies eur9 No trade zone, Bearish Probability. Market rhythm is consolidating at this stage and a breakout to the downside will present me with a beautiful bearish trading condition. 1.2660 should prove significant support but I do not think it will last long. If 1.2850 resistance is taken out we will have a bullish trading condition gbp10 No trade zone, Bearish Probability. Although the probability is bearish I see a no trade ... (full story)