ghostdigg

EUR/USD possible short setup

ghostdigg Updated   
FX:EURUSD   Euro / U.S. Dollar
13
Looking at the 4Hr chart here, we have broken through the channel back on 2-7. A 1:1 harmonic move of the first impulse wave down through the channel would put us near the lows. We are currently pulling back the last impulse wave to recent lows. I will be looking on the smaller time frames for possible entries around the .618 Fib level with targets around the 104 level.

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Comment:
Started building a position here short
Comment:
Pulled off the .618 nicely here. Still looking for that 104 level.

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