The 4-hour right side is down against 12/31/2019 peak (0.7030). 1 hour is turning down against 0.6571 high. Near-term, while bounces fail below 0.6571 high and more importantly below 0.7030 high expect pair to extend lower...
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: Something is Cooking. We have hit the 50 Fib on retracement found some buyers at the bottom...
Pivot (invalidation): 19.70 Our preference Short positions below 19.70 with targets at 17.70 & 16.55 in extension. Alternative scenario...
Pivot (invalidation): 14.9900 Our preference Short positions below 14.9900 with targets at 14.6800 & 14.5900 in extension. Alternative scenario...
Pivot (invalidation): 1685.00 Our preference Long positions above 1685.00 with targets at 1706.00 & 1714.00 in extension. Alternative scenario...
Pivot (invalidation): 2868.00 Our preference Short positions below 2868.00 with targets at 2797.00 & 2757.00 in extension. Alternative scenario...
Pivot (invalidation): 11014.00 Our preference Short positions below 11014.00 with targets at 10770.00 & 10640.00 in extension. Alternative scenario...
Pivot (invalidation): 7.0020 Our preference Long positions above 7.0020 with targets at 7.0290 & 7.0400 in extension. Alternative scenario...
Pivot (invalidation): 0.6420 Our preference Short positions below 0.6420 with targets at 0.6370 & 0.6350 in extension. Alternative scenario...
Pivot (invalidation): 1.4075 Our preference Long positions above 1.4075 with targets at 1.4165 & 1.4200 in extension. Alternative scenario...
Pivot (invalidation): 0.9605 Our preference Long positions above 0.9605 with targets at 0.9645 & 0.9670 in extension. Alternative scenario...
Pivot (invalidation): 106.95 Our preference Short positions below 106.95 with targets at 106.60 & 106.35 in extension. Alternative scenario...
Pivot (invalidation): 1.2500 Our preference Short positions below 1.2500 with targets at 1.2425 & 1.2385 in extension. Alternative scenario...
Pivot (invalidation): 1.0975 Our preference Short positions below 1.0975 with targets at 1.0920 & 1.0900 in extension. Alternative scenario...
Last trading week was one of the best in months, the volatility of the EUR/USD pair made space for great investment opportunities, however even if traders are expecting more growth in the week ahead following the rising trend, we believe we should consider the resistance level formed on the 14th...
5 recent trend lines connecting 2 confirmed fractals from lowest low to higher low (demand line) and from highest high to lower high (supply line); with 3 conditions; 1) from 1st to 2nd joint there should be at least 7 candles including the joining candles, 2) each trend line (2 joints) should ha...
For a quick start into Strategy Scanning select genetic optimization in the strategytester and load the exemplary Set file ScanV4_301.set . The Scan.set file is set for scanning for the first strategy (Strategy0...
First, a review of last week’s events: - EUR/USD. Macro indicators paint a completely non-rosy picture of the state of the global economy. However, things in Europe look much worse than in the United States. The European economy has sagged at a record 3...
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 continuation of a previous post: https://www.mql5.com/en/blogs/post/736180 4. There is a Plutus pattern formed SIs 13...
