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) First thing first, Where is the Price 1. We were uptrending on 1HR until we hit a Fib Area coming from Daily and then started ranging. 2...
Pivot (invalidation): 13197.00 Our preference Long positions above 13197.00 with targets at 13425.00 & 13469.00 in extension. Alternative scenario...
Pivot (invalidation): 18.2100 Our preference Short positions below 18.2100 with targets at 17.9300 & 17.8100 in extension. Alternative scenario...
Pivot (invalidation): 60.65 Our preference Short positions below 60.65 with targets at 59.15 & 58.45 in extension. Alternative scenario...
Pivot (invalidation): 1568.00 Our preference Short positions below 1568.00 with targets at 1552.00 & 1540.00 in extension. Alternative scenario...
Pivot (invalidation): 3246.00 Our preference Long positions above 3246.00 with targets at 3267.00 & 3275.00 in extension. Alternative scenario...
Pivot (invalidation): 5.8940 Our preference Long positions above 5.8940 with targets at 5.9340 & 5.9570 in extension. Alternative scenario...
Pivot (invalidation): 1.3020 Our preference Long positions above 1.3020 with targets at 1.3045 & 1.3065 in extension. Alternative scenario...
Pivot (invalidation): 0.6885 Our preference Short positions below 0.6885 with targets at 0.6850 & 0.6835 in extension. Alternative scenario...
Pivot (invalidation): 0.9720 Our preference Long positions above 0.9720 with targets at 0.9745 & 0.9765 in extension. Alternative scenario...
Pivot (invalidation): 108.95 Our preference Long positions above 108.95 with targets at 109.45 & 109.60 in extension. Alternative scenario...
Pivot (invalidation): 1.3130 Our preference Short positions below 1.3130 with targets at 1.3080 & 1.3060 in extension. Alternative scenario...
Pivot (invalidation): 1.1130 Our preference Short positions below 1.1130 with targets at 1.1100 & 1.1085 in extension. Alternative scenario...
The pair ended a cycle up in wave ((1)) from the 9/3/2019 lows at 1.3519 on 12/13/19. From there a cycle in wave (A) ended at 1.2904 where the hourly is turning up. While a bounce fails below the 12/13/19 highs it can see a pullback correct the cycle from the 9/3/19 lows...
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Pivot (invalidation): 64.50 Our preference Short positions below 64.50 with targets at 62.85 & 62.10 in extension. Alternative scenario...
Pivot (invalidation): 18.4000 Our preference Long positions above 18.4000 with targets at 18.7200 & 18.8500 in extension. Alternative scenario...
Pivot (invalidation): 1579.00 Our preference Long positions above 1579.00 with targets at 1602.50 & 1611.00 in extension. Alternative scenario...
