TECHNICAL AND STATISTICAL INDICATORS: MA, RSI, Standard Dev (SD), Volatility, Volume, Hidden Markov Model (HMM)
The fascinated statistical traders could study the HMM considering the Rogemar S. M. J. Elliott book (Hidden Markov Models in Finance book).
No unequivocable tendency with the HMM formulation. The Volume and SD give indication of a no regime dynamics.
Graphically there is not a great indication of the hidden regime and it is not so easy test
specific zones of Support and Resistance.
The RSI inclination, the MA(50) and the MA(100) give instead support for a slightly Sell dynamics .
A possible statistical area of resistance area could be localized around +152 Pips from the price value calculated at 22 February 2018 09:45.
The possibility for the Support zone can be figured around - 160 Pips.
Stochastic frame of reference admit an identification of a slightly buy view. The HMM admit a possible 75.30% probability to have a bullish hidden regime.
Statistically instead, the analysis lead to a possible a bearish retracement with an evaluation of 80 Pips for the support zone with a reference price value calculated (22 February 2018 11:45).
The chart anyway does not identify a great dynamics.
Volume study individuate a plausible bullish regime. An indications of the variation for the Daily (GMT clock) candle can be circumscribed to a value less than 1.3% objective.
To evaluate the cross it is utilized the HMM methodology. With t…