Disliked{quote} Hey Garrick... Here is a Quick Stat last 7 years September September 2014: - High 1.6643 - 1.6051 = 592 pips range September 2015: - High 1.5658 - 1.5107 = 551 pips range September 2016: - High 1.3444 - 1.2914 = 530 pips range September 2017: - High 1.3658 - 1.2905 = 753 pips range September 2018: - High 1.3298 - 1.2785 = 513 pips range September 2019: - High 1.2581 - 1.1958 = 623 pips range September 2020: - High 1.3482 - 1.2675 = 807 pips range Minimum Range = 513 pips Average Range = 660 pips Maximum Range = 807 pips From the above, it...Ignored
Here are the Scenarios for this last Quarter of the year.
October to December Ranges ( Year 2013 - 2020)
2013 High 1.6577 - 1.5835 Low = 742 pips Range
2014 High 1.6251 - 1.5485 Low = 766 pips Range
2015 High 1.5509 - 1.4733 Low = 776 pips Range
2017 High 1.3549 - 1.3027 Low = 522 pips Range
2018 High 1.3257 - 1.2476 Low = 781 pips Range
2019 High 1.3514 - 1.2195 Low = 1319 pips Range
2020 High 1.3686 - 1.2819 Low = 867 pips Range
✓From the above it can be deducted that the Most Repeated October to December Range is 750 pips.
✓The Minimum being 522 pips
✓Year 2017 and Year 2019 have similar prices as this quarter in Year 2021, These two years produced The minimum and Maximum Quarter range of 522 pips and 1319 pips.
* Safely put, 750 pips as the Average expected Range This last Quarter of the year
* Maximum expected bounce from low of (1.3410) is 230 pips, which may take us to 1.3640.
* Average expected bounce from low of (1.3410) is 160 pips, which may take us to 1.3570
* Minimum expected bounce from low of (1.3410) is 100 pips, which has taken us to 1.3510 already.
Bias:
As far as 1.3640 projected maximum bounce remains unbroken then price drop to 1.2900 is imminent between October to December 2021.
This is an informational Research excerpt with no obligation to follow.
Cheers,
George.
Data + Stat + Risk/Emotions Management
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