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pantheo
Jul 19, 2016 7:26 PM

Euro attempting first close... Short

Euro Fx/U.S. DollarFXCM

Description

...below symmetry channel line
Comments
Amin.Wafa


what do you think about this?
pantheo
Last time in this level price increased fast but not follow through, so no interest at this time above 1.11-1.12.

Probably there are still some unexecuted longs in the order flow at your marked area and below. Remain to see how many are there and how powerful. For intraday scalping such zones are cool.
pantheo

Amin.Wafa
so EURUSD going up.
pantheo
Let's see if we get a swing high in the dollar, possible e star formation in the making at the lower level (78.6) of the Gartley PRZ. Can go to 1.618 as well and fool everyone. Apart from intraday scalps which I rarely do, I feel better staying with the higher TF's trend.
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