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EuroMotif
4 cze 2018 07:17

EU looking for bounce to short: EURUSD fib zones Short

Euro Fx/U.S. DollarFXCM

Opis

This plan is based on my calculated Fib zones, which often act as turning points.


I am long term short on EU starting with these entries in early April:


My medium-term outlook working very well, looking catch that wave IV bounce to short into wave V

Komentarz

Darn it, I might have missed it.
Massive rejection of my fib resistance zone that I thought would break.
Oh well, might have missed a small scalp, but I still think it is headed for a final push up in the form of a wave 5, then down, but lets see. At least I still have a massive short position building since early April

Komentarz

Pretty good recovery thus far.
Watching closely, if rejects again from this zone, I might have to pull the trigger.

Komentarz

EU looks to be reaching for the next zone, might be a good short up there.

Komentarz

And so we have our answer.
Exact ping of upper zone, heading down.
I had small limit sells up there that were picked up.
Now riding the scalps down, hoping to TP on 50%, let other half ride with my long term shorts.
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