just looking at previous support and resistantce here
monthly MA and Fibs formed good resistance, and we may drop back to 1.11 levels?
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100pips in the pocket so far
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300pips in, taking some profits here.
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ready for a bounce here?
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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
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bounce did happen. today FOMC reason for further sell or buy?
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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!
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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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