EuroMotif

EU looking for bounce to short: EURUSD fib zones

Short
EuroMotif Mod Updated   
FX:EURUSD   Euro / U.S. Dollar
This plan is based on my calculated Fib zones, which often act as turning points.

I am long term short on EU starting with these entries in early April:

My medium-term outlook working very well, looking catch that wave IV bounce to short into wave V
Comment:
Darn it, I might have missed it.
Massive rejection of my fib resistance zone that I thought would break.
Oh well, might have missed a small scalp, but I still think it is headed for a final push up in the form of a wave 5, then down, but lets see. At least I still have a massive short position building since early April
Comment:
Pretty good recovery thus far.
Watching closely, if rejects again from this zone, I might have to pull the trigger.
Comment:
EU looks to be reaching for the next zone, might be a good short up there.
Comment:
And so we have our answer.
Exact ping of upper zone, heading down.
I had small limit sells up there that were picked up.
Now riding the scalps down, hoping to TP on 50%, let other half ride with my long term shorts.

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