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The 4 hour right is down against 12/13/2019 peak (148.05) & shows a bearish sequence. 1 hour is turning down against 135.46 high. Near-term, while bounces fail below 135.46 high and more importantly below 147.93 high expect pair to extend lower. SHORT GBPJPY @132.40-60 TP: 131.60 SL: 133.20...
The 4 hour right side is up against 8/16/2018 low (1159). 1 hour is turning down against 1739 high. Near-term, while bounces fail below 1739 high expect Gold to extend lower to correct the cycle from 8/16/2018 low in 3, 7 or 11 swings before upside resume. SHORT GOLD @1700-1704 TP: 1680 SL: 1715...
Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Our Story: 1. We have hit Fib Area on retracement 2. High Volume at the bottom of Fib - Buyers 3. High Volume again and High SI of 22...
Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Our Story: After going down with a Slow wave of 15.4 SI that never broke support , a classic Plutus Reversal Long SI ratio 15.4 / 6.0 = 2.56...
The US dollar index steadies below the 100 mark as an indication that the global risk sentiment hasn’t been shaken by the latest employment figures in the US. The USDJPY is ready take over the 107-resistance. Gold remains close to the $1700 per oz...
Friday’s jobs data in the US was catastrophic with more than 20 million jobs lost during April, but in line with market expectations, so the market mood wasn’t shaken by the ugly number. The US equities closed last week on a positive note. The Dow rallied 1.91%, as S&P500 (+1...
Pivot (invalidation): 23.35 Our preference Long positions above 23.35 with targets at 25.00 & 25.55 in extension. Alternative scenario...
Pivot (invalidation): 15.3800 Our preference Long positions above 15.3800 with targets at 15.7600 & 15.9100 in extension. Alternative scenario...
Pivot (invalidation): 1700.00 Our preference Long positions above 1700.00 with targets at 1716.00 & 1723.00 in extension. Alternative scenario...
Pivot (invalidation): 2901.00 Our preference Long positions above 2901.00 with targets at 2952.00 & 2977.00 in extension. Alternative scenario...
Pivot (invalidation): 10770.00 Our preference Long positions above 10770.00 with targets at 10950.00 & 11080.00 in extension. Alternative scenario...
Pivot (invalidation): 7.1190 Our preference Short positions below 7.1190 with targets at 7.0540 & 7.0160 in extension. Alternative scenario...
Pivot (invalidation): 0.6515 Our preference Long positions above 0.6515 with targets at 0.6570 & 0.6600 in extension. Alternative scenario...
Pivot (invalidation): 1.3945 Our preference Short positions below 1.3945 with targets at 1.3880 & 1.3845 in extension. Alternative scenario...
Pivot (invalidation): 106.60 Our preference Long positions above 106.60 with targets at 107.00 & 107.15 in extension. Alternative scenario...
Pivot (invalidation): 1.2395 Our preference Long positions above 1.2395 with targets at 1.2455 & 1.2485 in extension. Alternative scenario...
Pivot (invalidation): 0.9685 Our preference Long positions above 0.9685 with targets at 0.9730 & 0.9750 in extension. Alternative scenario...
Pivot (invalidation): 1.0820 Our preference Long positions above 1.0820 with targets at 1.0875 & 1.0895 in extension. Alternative scenario...
Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Our Story: This is a long story and it is a continuation of a previous post https://www.mql5.com/en/blogs/post/736377 1. and 5...
