have you ever heard about the PFT?
it's a new way to predict the price after any resistant or support
it was created by mr.by Mohab Nabil
Mohab Nabil, a full member of the Society of Technical Analysts UK, has published numerous articles on technical analysis for both Egyptian and international journals. He teaches a technical analysis course at Regional Information Technology Institute (RITI) in Cairo, Egypt. He trades the US equity markets and carries out his own research, with his main focus on pattern recognition and cycle analysis.
and i tried his way in predicting and it was GREAT so i decided to make a small program to calculate the PFT and here it is
4shared.com - online file sharing and storage - download Projected Fibonacci Targets Calculator.rar
for more information about using this technique you can see the next link
Ensign Software - Article: Projected Fibonacci Targets
peace be upon you...