<p>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)</p> <p>Our Story:</p> <p>Not much to say this is Classic Plutus Sell pattern, happen right at support.</p> <p>Speed Index of 10.6 on the down wave and
Blogs
(21 April 2020)DAILY MARKET BRIEF 2:The sell-off in Loonie remains contained
<p>In the FX, the euro remains bid against the US dollar near the 1.0820 mark. The downside pressures should persist in the run up to Thursday’s Eurogroup summit as European leaders are expected to announce joint measures to address the coronavirus-led economic slowdown, but the so-called corona bonds will be hard to agree on.</p> <p
(21 April 2020)DAILY MARKET BRIEF 1:Submerged
<p>The US crude turned negative for the first time in history and traded as low as $-40 per barrel on Monday. This is because the global oil glut has become so large that there is no space left to store this large quantity of unexploited oil. The market is literally submerged. Hence the panic rose […]
(21 April 2020)Crude Oil (WTI) Turning down.
<p>Pivot</p> <p> (invalidation): 22.55 </p> <p>Our preference</p> <p>Short positions below 22.55 with targets at 20.20 & 19.50 in extension.</p> <p>Alternative scenario</p>
(21 April 2020)Silver spot ($) Intraday support around 15.1300.
<p>Pivot</p> <p> (invalidation): 15.1300 </p> <p>Our preference</p> <p>Long positions above 15.1300 with targets at 15.3300 & 15.4300 in extension.</p> <p>Alternative scenario</p>
(21 April 2020)Gold spot ($) Intraday support around 1682.50.
<p>Pivot</p> <p> (invalidation): 1682.50 </p> <p>Our preference</p> <p>Long positions above 1682.50 with targets at 1696.00 & 1703.00 in extension.</p> <p>Alternative scenario</p>
(21 April 2020)S&P 500 Turning down.
<p>Pivot</p> <p> (invalidation): 2875.00 </p> <p>Our preference</p> <p>Short positions below 2875.00 with targets at 2765.00 & 2728.00 in extension.</p> <p>Alternative scenario</p>
(21 April 2020)DAX Range.
<p>Pivot</p> <p> (invalidation): 10820.00 </p> <p>Our preference</p> <p>Short positions below 10820.00 with targets at 10440.00 & 10260.00 in extension.</p> <p>Alternative scenario</p>
(21 April 2020)USD/TRY Continuation of the rebound.
<p>Pivot</p> <p> (invalidation): 6.9250 </p> <p>Our preference</p> <p>Long positions above 6.9250 with targets at 6.9570 & 6.9800 in extension.</p> <p>Alternative scenario</p>
(21 April 2020)AUD/USD Expect 0.6260.
<p>Pivot</p> <p> (invalidation): 0.6330 </p> <p>Our preference</p> <p>Short positions below 0.6330 with targets at 0.6280 & 0.6260 in extension.</p> <p>Alternative scenario</p>