EURUSD Fibonacci Support Resistance Zones: EU as of Jul 1

Zaktualizowano
Updated from my last Zones posted, linked below in Related Ideas.
Some new zones became apparently with the recent moves.
But all in all, the sideways move was keeping to the zones quite precisely

These zones are calculated using Fibonacci Ratios of past price moves.
Fib extensions and retracements are projected forward in time and price.
If price bounces or reverses, it will probably do so at one of these zones.

Some zones will match previous highs and lows, since Fibs are derived from the extremes.
Some zones will not match anything previous, but they are Fib multiples and THOSE are the important ones.
Zones that are far from current price will be either WIDE or just a LINE. Just a line indicates important Fib Ratio.

Where prices overlap on the zone lines, drag the Right (price) Axis up to magnify and reduce overlap vertically.
There are zones above and below the current price range, Drag the Chart up/down to see other zones.
Drag bottom axis to the left to magnify the candle size to view close up, or to the right to view larger time frame.

I will update as new zones are defined by upcoming Fibs.
Uwaga
EU played in upper zone for a while but give up.
Gravitational attraction of the zone below is too much.
Price trying to cling to the 2.618 extension of impulse down, but suspect it will fall to the 3.618 below, well within the next zone below.
snapshot
Uwaga
EU reached the zone below as expected.
Might have found some support for now.
1.5 hours before London Open, so hoping to see something like this next:
snapshot
( a stop run below support, then a bull trap up, into my short orders hopefully :)
Uwaga
EU following my path very closely.
2 minutes to London Open, lets see what the UK boys do with it.
My trigger finger is very itchy :(
snapshot
Uwaga
Close enough, shorts added with this Live Trade Idea:
EURUSD short triggered: Germany Politics uncertainty the force.
Uwaga
Short trade well in profit.
Already closed 25% of the position.
Moved SL to just above an existing Fib Zone, which has now been reinforced by the 6.618 extension of impulse down from last night.
snapshot
Uwaga
Here is how I scalped these Zones last week: snapshot

The zones offer low risk high reward scalps.
If in direction of trend, each scalp could turn into a runner.
I was counter-trend last week, but I am EU bear, so shorting only right now.
Uwaga
These Fib zones apparently still valid.
Even with a strong fundamental driver just now (Trump jawboning down the dollar), the price moved precisely from one band to another. Also notice the sudden jumps between the open spaces of last two legs up.
snapshot
Uwaga
Fib Forecasted zones still holding PRECISELY
snapshot
Uwaga
EU small gap, but it gaped EXACTLY to the top of fib zone.
Will surely close the gap, but interesting confirmation of this zone.
snapshot
Uwaga
Aftermath from ECB and Mario event.
Good to see the Zones are still quite valid.
snapshot Did get a few small shorts added to my long term collection of EU Shorts.
Uwaga
Oh, in above pic, the Blue Fibs are new, the Grey zones are on original chart
Uwaga
Nice! another prefect fib reflection
snapshot
Uwaga
wow
snapshot
Uwaga
All Fib zones still doing their thang.
And these are over one month old.
Been plotting ever since but no clear new zones have formed yet.....
snapshot
Uwaga
wow, crazy move late Asia pre London snapshot sliced through a lot of zones, but of course came a dead stop at a pre-determined zone
Uwaga
You're dancing on a high wire
You need to be so sure
There used to be a lifeline
There isn't anymore (Alan Parsons) snapshot
Uwaga
EU be like ''I aint dead yet'' snapshot but what a scary plummet. Cant wait to see what London does with ti.
Uwaga
EU bulls might break 1.147 upwards, but bears look entrenched
s3.amazonaws.com/tradingview/snapshots/z/zUU7edrv.png
Uwaga
Some confirmation that the weekend gap did not disrupt the rhythm (because the gap itself was exactly one 'beat' snapshot
Uwaga
Absolutely beautiful Fybsics last Friday and today in Asian session to start the week. Beautiful short opp here, will likely drop the zone below. snapshot
Uwaga
Price action during and after Powell speech. Zones still confirming. snapshot
Uwaga
Slow time of day, but EU looks pretty cozy resting in this zone. snapshot
Uwaga
Continued pings from the underside. I think it might break above soon snapshot
Uwaga
As suspected, EU broke above, retested, and looks to be headed higher snapshot
Uwaga
Nice pings again. I am quite surprised that these zones are still holding 2 months later. But hey, assume this will work forever and forever and forever, until they do not. snapshot
Uwaga
The PIngs keep pinging, confirming each of those zones.
Noticed two zones so close to each near bottom of chart, and how price was help captive by them. snapshot
Uwaga
Ping snapshot
Uwaga
Pings keep pinging snapshot
Uwaga
all zones still pinging perfectly snapshot
Uwaga
Keeps on Pingin snapshot
Uwaga
The zones are still proving to be valid. NOTE: the point is NOT that price bounces from one every time, But that IF the price is going to bounce it will PROBABLY do so at one of these zones snapshot
Uwaga
Still pinging perfectly. All zones look good. snapshot
Uwaga
Yet another PREFECT ping snapshot I cant believe all of these zones are still proving themselves to the PIP!
EUeurodollareurousdFibonacciSupply and DemandSupport and Resistance

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