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EURUSD short entry opps: EU Resistance zones and some targets
Euro / ABD Doları
EURUSD short entry opps: EU Resistance zones and some targets
EuroMotif tarafından
Mod
Takip Et
Takip Et
Güncellendi
20 Ara 2018
8
20 Ara 2018
Short term plot to look for short entries.
Red zones are of interest for entry, Green zones for possible Take Profits.
FOMC rate decision was the big news today.
It was ''less dovish'' than the market expected.
I expect USD strength until End of Year at least.
.
.
Background:
My EU shorting adventure began in early 2018 while looking for a top around 1.2500
As that top was forming, I saw the Fibs giving me some clues for down move to start
Once it started dropping, I fined tuned the Fibs and EW count to arrive at 1.1500 ad mid target, and 1.070 as final target
I have since been shorting bounces whenever possible:
Again some shorts collecting in recent week:
And now my current plan to looks for rallies to short
20 Ara 2018
Not
wow, blew right through the first two zones
great, I can short higher! . that .382 fib is next point of interest.
.
Elliott Wave
Fibonacci
Support and Resistance
EuroMotif
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