EuroMotif

EURUSD headed to 1.1155 or even 1.110? EU before ECB rate news

EuroMotif Mod Updated   
FX:EURUSD   Euro / U.S. Dollar
EU's recent decline has been following fib ratios closely.
Looks like we have finished a wave 4 and are in wave 5 now.
Key supports are nearby which if broken could be catastrophic.

1.11866 and 1.11685 offer thin slivers of support before deep dive.
1.11520 - .11555 should provide a bounce, but maybe not bottom.
1.11042 - .11090 should be absolute bottom before ECB news event.

See some of my other Forex calls below.
I also plot Crypto and some Stocks, check my Profile Page.

EUR.USD bounce plot (found last bottom)
EUR.USD short call (in time, to the Pip)
EUR.USD long call (scalp that ran hard)
EUR.USD short Call (perfect top, huge profits)
EUR.USD Big Short (the very tip-top a year ago)
USD.CAD short call (perfect entry, huge profits)
GBP.USD scalp zones (pinpoint Entries/targets)
GBP.USD dip Call (just in time, quick 70 pips)
DXY toping call (Upthrust warning just in time)
USD.JPY short to long (recent perfect entries)
AUD.USD trend Short (perfect short a year ago)
XAU.USD top call (perfect long to short flip)
XAU.USD bounce call (perfect entry, huge profits)
Silver Bounce scalp (Perfect entry, still in play)
Copper Bounce call (Prefect entry, almost done)
SPX recent top (Fib extensions at work)

Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
Comment:
First Target hit EXACTLY bounce is not impressive (yet) but likely some sideways and hopefully on to the next target.

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Comment:
Closeup of the precise 5.618 hit evaluating the bounce right now but it is not showing any Impulsive behavior yet...

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Comment:
Continuing towards second target. Just hit a sliver of support before the final destination.
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Comment:
Extended target hit after ECB's dovish stance press conference up next, it might bounce from here but if not, look out below!!!

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Comment:
Low on candle off by 2/10's of a pip! Not to say that it can't go lower, but such a ping confirms all other lines of that fib and of others.

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