EURUSD - Long if PA presents itself

1 Mar 2016

Price has stalled at the 61.8% fib retracement of the bullish move up.

Technicals
- Horizontal range rotation
- Bullish channel rotation
- Bearish Weekly downtrend

Confluences
- 61.8% retracement
- recent structure
- Daily Demand Zone
- Median trendline support
- 127% extension meets massive Supply level

If we end on a bearish candle we could be in for another move down to previous support around 1.800 and then 1.700

3 Mar 2016

İşlem aktif

Lovely move today out of consolidation pattern (falling wedge).

10 Mar 2016

Not

Price action DID present itself well before the Draghi speech.

27 Mar 2016

Not

Target 2 hit