2 september EURUSD Fibonacci + Heatmap Analysis (updated)
EURUSD is on a downtrend
High@27-08-2015 06:00:00
Low@28-08-2015 15:00:00
01-09-2015 21:00:00 open price was at 96% probability to go down line
The pair so far retraced to Fibonacci 0.764 level which corresponds to 97% probability to move down
The pair moved to Fibonnaci 0.382 which now has a probability of 75% of moving up
50% up / down probability line is @1.2525
Current status: moving sideways between 50% probability line and 96% down probability line
Comments are greatly appreciated, please share your ideas with me in the comments section :)
High@27-08-2015 06:00:00
Low@28-08-2015 15:00:00
01-09-2015 21:00:00 open price was at 96% probability to go down line
The pair so far retraced to Fibonacci 0.764 level which corresponds to 97% probability to move down
The pair moved to Fibonnaci 0.382 which now has a probability of 75% of moving up
50% up / down probability line is @1.2525
Current status: moving sideways between 50% probability line and 96% down probability line
Comments are greatly appreciated, please share your ideas with me in the comments section :)
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