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) This is Why AUDUSD Bounced on 4HR Fib: Fib Area coming from 4HR chart...
The near terms verdict is that OPEC+ reduction in crude oil output will keep the price supported (wti around $59 handle), considering worldwide glut and general habit of members to cheat...
Pivot (invalidation): 58.70 Our preference Long positions above 58.70 with targets at 59.10 & 59.35 in extension. Alternative scenario...
Pivot (invalidation): 16.6800 Our preference Short positions below 16.6800 with targets at 16.5600 & 16.5000 in extension. Alternative scenario...
Pivot (invalidation): 1466.00 Our preference Short positions below 1466.00 with targets at 1462.00 & 1459.00 in extension. Alternative scenario...
Pivot (invalidation): 3124.50 Our preference Long positions above 3124.50 with targets at 3150.50 & 3164.00 in extension. Alternative scenario...
Pivot (invalidation): 13000.00 Our preference Long positions above 13000.00 with targets at 13180.00 & 13260.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7890 Our preference Long positions above 5.7890 with targets at 5.8180 & 5.8330 in extension. Alternative scenario...
Pivot (invalidation): 0.6800 Our preference Long positions above 0.6800 with targets at 0.6820 & 0.6835 in extension. Alternative scenario...
Pivot (invalidation): 1.3245 Our preference Short positions below 1.3245 with targets at 1.3215 & 1.3190 in extension. Alternative scenario...
Pivot (invalidation): 0.9860 Our preference Short positions below 0.9860 with targets at 0.9830 & 0.9820 in extension. Alternative scenario...
Pivot (invalidation): 108.65 Our preference Long positions above 108.65 with targets at 108.85 & 109.00 in extension. Alternative scenario...
Pivot (invalidation): 1.3160 Our preference Short positions below 1.3160 with targets at 1.3105 & 1.3070 in extension. Alternative scenario...
Pivot (invalidation): 1.1080 Our preference Long positions above 1.1080 with targets at 1.1105 & 1.1115 in extension. Alternative scenario...
Pivot (invalidation): 58.55 Our preference Long positions above 58.55 with targets at 59.50 & 59.85 in extension. Alternative scenario...
Pivot (invalidation): 16.6800 Our preference Short positions below 16.6800 with targets at 16.5000 & 16.4100 in extension. Alternative scenario...
Pivot (invalidation): 1465.50 Our preference Short positions below 1465.50 with targets at 1458.50 & 1454.00 in extension. Alternative scenario...
Pivot (invalidation): 3154.00 Our preference Short positions below 3154.00 with targets at 3119.00 & 3103.00 in extension. Alternative scenario...
Pivot (invalidation): 13190.00 Our preference Short positions below 13190.00 with targets at 13050.00 & 12990.00 in extension. Alternative scenario...
