The 4 Hour right is up against 126.54 low from 8/11/2019. The cycle from there in wave (A) ended at 148.07 . While above 140.79 where the hourly is turning up a bounce to correct the cycle lower from there can develop. While below the 148...
Pivot (invalidation): 17.9900 Our preference Long positions above 17.9900 with targets at 18.2400 & 18.3300 in extension. Alternative scenario...
Pivot (invalidation): 1560.00 Our preference Long positions above 1560.00 with targets at 1570.00 & 1575.00 in extension. Alternative scenario...
Pivot (invalidation): 3335.00 Our preference Short positions below 3335.00 with targets at 3310.00 & 3297.00 in extension. Alternative scenario...
Pivot (invalidation): 13480.00 Our preference Long positions above 13480.00 with targets at 13586.00 & 13640.00 in extension. Alternative scenario...
Pivot (invalidation): 5.9070 Our preference Long positions above 5.9070 with targets at 5.9300 & 5.9450 in extension. Alternative scenario...
Pivot (invalidation): 0.6880 Our preference Short positions below 0.6880 with targets at 0.6845 & 0.6825 in extension. Alternative scenario...
Pivot (invalidation): 0.9690 Our preference Short positions below 0.9690 with targets at 0.9665 & 0.9650 in extension. Alternative scenario...
Pivot (invalidation): 1.3040 Our preference Long positions above 1.3040 with targets at 1.3075 & 1.3090 in extension. Alternative scenario...
Pivot (invalidation): 110.12 Our preference Short positions below 110.12 with targets at 109.90 & 109.75 in extension. Alternative scenario...
Pivot (invalidation): 1.2985 Our preference Long positions above 1.2985 with targets at 1.3030 & 1.3045 in extension. Alternative scenario...
Pivot (invalidation): 1.1080 Our preference Long positions above 1.1080 with targets at 1.1110 & 1.1120 in extension. Alternative scenario...
Trading is hard. Even the little mistakes can have a negative impact on your bottom line. Below I have shared mistakes that I’ve made in the past, grouped into 4 different categories. Hopefully you can avoid these mistakes yourselves...
CURRENCY STRENGTH OVERVIEW TODAY Market strong movement in middle timeframes gives many opportunity for scalpers today...
Pivot (invalidation): 58.85 Our preference Long positions above 58.85 with targets at 59.45 & 59.75 in extension. Alternative scenario...
Pivot (invalidation): 17.9100 Our preference Long positions above 17.9100 with targets at 18.0900 & 18.1700 in extension. Alternative scenario...
Pivot (invalidation): 1553.50 Our preference Long positions above 1553.50 with targets at 1561.00 & 1564.50 in extension. Alternative scenario...
Pivot (invalidation): 3302.50 Our preference Long positions above 3302.50 with targets at 3350.00 & 3362.00 in extension. Alternative scenario...
Pivot (invalidation): 13435.00 Our preference Long positions above 13435.00 with targets at 13586.00 & 13640.00 in extension. Alternative scenario...
