Harmonic Pattern Indicator List for MetaTrader 4 Harmonic Pattern Indicator provide a mean of detecting the turning point in the market. It is one way to solve the puzzle of market geometry, which is often not solvable with technical indicators...
Winds seem to be turning for the single currency after benefitting from stoic trade activities during the holiday season. Yet rising Middle East geopolitical tensions combined with poor economic data in Germany are weighing on the single currency despite a slight rebound in consumer prices...
Market News
Jiming Huang,
8 January 2020, 12:27
2020 has started with a geopolitical « White Swan » (an understood risk that occurred unexpectedly) in the Middle East involving the US and Iran. Overnight the situation has escalated as Iran fired more than a dozen ballistic missiles on two bases in Iraq that house American Troops...
Market News
Jiming Huang,
8 January 2020, 12:25
Elliott Wave Indicator for Objective Elliott Wave Trading Elliott Wave is popular Trading strategy in the trading world. The Elliott Wave Theory was originally developed by Ralph Nelson Elliott. It was populated by Robert Prechter...
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...
Pivot (invalidation): 3231.00 Our preference Long positions above 3231.00 with targets at 3247.00 & 3258.00 in extension. Alternative scenario...
Pivot (invalidation): 13115.00 Our preference Long positions above 13115.00 with targets at 13280.00 & 13390.00 in extension. Alternative scenario...
Pivot (invalidation): 5.9770 Our preference Short positions below 5.9770 with targets at 5.9550 & 5.9450 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): 1.3005 Our preference Short positions below 1.3005 with targets at 1.2975 & 1.2955 in extension. Alternative scenario...
Pivot (invalidation): 0.9680 Our preference Long positions above 0.9680 with targets at 0.9710 & 0.9730 in extension. Alternative scenario...
Pivot (invalidation): 108.10 Our preference Long positions above 108.10 with targets at 108.60 & 108.85 in extension. Alternative scenario...
Pivot (invalidation): 1.3105 Our preference Long positions above 1.3105 with targets at 1.3165 & 1.3190 in extension. Alternative scenario...
Pivot (invalidation): 1.1135 Our preference Long positions above 1.1135 with targets at 1.1170 & 1.1185 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) This is Why the Forecast notes for a Bullish Move. For conservative traders Long if the breaks the blue upwards. To be continued...
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...
Advanced Harmonic Pattern Detection Indicator Harmonic Pattern Scenario Planner is an advanced Harmonic Pattern Detection Indicator. This is probably the most sophisticated harmonic pattern detection indicator in the market. Harmonic Pattern Scenario planner can be used like Harmonic Pattern Plus...
USDJPY faces further price recovery higher as it price extension. On the upside, resistance comes in at 109.00 level. Above this level will turn attention to the 109.50 level. Further out, we expect a possible move towards the 110.00 level...