Pivot (invalidation): 108.05 Our preference Long positions above 108.05 with targets at 108.35 & 108.50 in extension. Alternative scenario...

Pivot (invalidation): 1.2470 Our preference Long positions above 1.2470 with targets at 1.2505 & 1.2530 in extension. Alternative scenario...

Pivot (invalidation): 1.1040 Our preference Long positions above 1.1040 with targets at 1.1085 & 1.1110 in extension. Alternative scenario...

Strategy Tester Report...

Setup 1HR chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Nice EURUSD trade today 60 pips up and going. These are the reasons that entered long. 1. Reached Fib Area - hit 61.8 several times...

USDJPY risk continues to point higher on further price strength. On the upside, resistance comes in at 108.50 level. Above this level will turn attention to the 109.00 level. Further out, we expect a possible move towards the 109...

Pivot (invalidation): 60.80 Our preference Long positions above 60.80 with targets at 63.35 & 64.30 in extension. Alternative scenario...

Pivot (invalidation): 17.7300 Our preference Long positions above 17.7300 with targets at 18.0000 & 18.1900 in extension. Alternative scenario...

Pivot (invalidation): 1495.00 Our preference Long positions above 1495.00 with targets at 1506.00 & 1512.00 in extension. Alternative scenario...

Pivot (invalidation): 3020.00 Our preference Short positions below 3020.00 with targets at 2974.00 & 2957.00 in extension...

Pivot (invalidation): 12490.00 Our preference Short positions below 12490.00 with targets at 12310.00 & 12210.00 in extension. Alternative scenario...

Pivot (invalidation): 5.7150 Our preference Long positions above 5.7150 with targets at 5.7400 & 5.7620 in extension. Alternative scenario...

Setup 1HR chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) These are the reasons why GBPJPY should retrace: 1. We have hit resistance Level 2. First down wave with high volume...

Pivot (invalidation): 0.6870 Our preference Short positions below 0.6870 with targets at 0.6820 & 0.6805 in extension. Alternative scenario...

Pivot (invalidation): 1.3265 Our preference Short positions below 1.3265 with targets at 1.3230 & 1.3210 in extension. Alternative scenario...

Pivot (invalidation): 0.9940 Our preference Short positions below 0.9940 with targets at 0.9900 & 0.9880 in extension. Alternative scenario...

Pivot (invalidation): 107.95 Our preference Long positions above 107.95 with targets at 108.25 & 108.50 in extension. Alternative scenario...

Pivot (invalidation): 1.2435 Our preference Short positions below 1.2435 with targets at 1.2400 & 1.2370 in extension. Alternative scenario...

Pivot (invalidation): 1.1030 Our preference Short positions below 1.1030 with targets at 1.0990 & 1.0970 in extension. Alternative scenario...

NZDUSD with the pair closing lower the past week and extending that weakness during Monday trading today, further decline is envisaged. Resistance lies at the 0.6400 level where a break will turn attention to the 0.6450 level...