I am anticipating the Euro to go higher (www.tradingview.com/v/bC9Cy1AC/) Last months point of control is way up in the 3758 area and should act like a magnet.
Here are some ideas for the week to get long into the larger targets for this month in the 3928 area.
First but zone is a high to high fib and has a small pocket of value created on Friday. It is minor and I am not necessarily anticipating it holding but it is possible. Entry area would be at the 3652 level.
Second buy zone is a full 50% retrace from the lows and is a little below last weeks upper edge of value and above the point of control of both last week and Friday. I expect price to gravitate down to this entry area in the 3617 area.
Market profile: gyazo.com/a6159a078a...cb522a66e0149db7702d
Ultimately we will have to see how aggressive the bulls are an how scared the bears are. will be looking for setups in both areas and will let price action dictate.
Here are some ideas for the week to get long into the larger targets for this month in the 3928 area.
First but zone is a high to high fib and has a small pocket of value created on Friday. It is minor and I am not necessarily anticipating it holding but it is possible. Entry area would be at the 3652 level.
Second buy zone is a full 50% retrace from the lows and is a little below last weeks upper edge of value and above the point of control of both last week and Friday. I expect price to gravitate down to this entry area in the 3617 area.
Market profile: gyazo.com/a6159a078a...cb522a66e0149db7702d
Ultimately we will have to see how aggressive the bulls are an how scared the bears are. will be looking for setups in both areas and will let price action dictate.