just looking at previous support and resistantce here
monthly MA and Fibs formed good resistance, and we may drop back to 1.11 levels?
Trade ativo
100pips in the pocket so far
Nota
300pips in, taking some profits here.
Nota
ready for a bounce here?
Nota
bounce didnt happen. still short looking at next area of resistance though to take some off the table and maybe even place a few small longs for a long term trade
Nota
bounce did happen. today FOMC reason for further sell or buy?
Nota
Trade ativo
solid break of resistance; flag/triangle - whatever you call it, its consolidation, and it broke out of it.
AB-CD measured move from it, would bring price right into the GAP around the 1.0750-1.0850 levels!
Nota
bouncing of 200Ma double bottom forming pin bars previous resistance & now support
all of the above is enough reason to go long EURUSD here
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