pips19

pips19

On 1 hour timeframe Audnzd recently broke the descending channel and currently in a Subminuette-v within Minuette-i. I'll be looking for slight correction, maybe near 50% fibo level to complete Minuette-ii. Then I'll be waiting for a convincing impulse back up. Since it is Minuette-iii, I like to keep my target near 1.618 extension which is also a daily...

pips19 Updated 

DE30 is currently in a Minuette-v correction. After a bearish impulse move price got rejected within 61.8% fibo retracement which is also a minor resistance. Price is again headed towards that zone and I'll be waiting for a convincing impulse back down. Since it is Minuette-v correction, I will keep my target below Minuette-iv If this setup doesn't present itself...

pips19

Gold is in the Micro-v-correction. After B-C completion, the subminuette-ii-correction will be completed. I like to take profit at fibo level 50% and if this scenario is correct then gold is expected to rise again from that level making 1732 it's invalidation level.

pips19 Updated 

Intraday Setup.... Daily - Aud/Usd is currently in the Minutte wave within correction which seems like e bearish channel. 4 hour - Completed C-D correction and E is yet to happen. 1 hour - Subminuette Wave i-v complete within C-D Signal : Bearish Structure (Head & Shoulder) Entry : Entry at confirmed breakout of the neckline. Will be looking for an...

pips19

Crude Oil is still in Minuette-v correction. B-C is yet to complete. Another subminuette wave is more likely to form and breakout from 60.60 level will confirm it. 1st Target is near 57.00 and 2nd target is 54.00. And this setup wil invalidate at level 64.35 Good Luck!!