kate25

EurUsd - trading with pivot points and pivot trend lines

Short
FX:EURUSD   Euro / U.S. Dollar
34
Short term sell - basically price is looking for support at S3 and bouncing to or near the next day daily pivot - as low and close is undetermined and price volatile the projected fib could be off substantially. Price is below the 8 hr trend and broke low out of a compression pivot set. Target missed JP pivot far left. Compression pivots are new just like the pivot trend lines and unproven. Compression pivot explained in chart. JP pivots also explained in chart
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