Euro has been a bit choppy lately and I have not been trading it much. However, It seems to have put in a solid bottom after twice testing the Nov. Point of control down in the 3518 area.
The most recent long that has traded has targets at 3730.
The months of December has a point of control in the 3750 area, marked on the chart. This could act as a magnet for longs and would be a an area to begin distribution. We could potentially blow past the POC and test new highs and squeeze shorts even further. If so we could easily squeeze up into the 4000 area.
Market Profile: gyazo.com/1dde20d110...232321f92475f73f7579
The most recent long that has traded has targets at 3730.
The months of December has a point of control in the 3750 area, marked on the chart. This could act as a magnet for longs and would be a an area to begin distribution. We could potentially blow past the POC and test new highs and squeeze shorts even further. If so we could easily squeeze up into the 4000 area.
Market Profile: gyazo.com/1dde20d110...232321f92475f73f7579