dojitrader

If Not 1.3750 Then Where ???

FX:EURUSD   Euro Fx/U.S. Dollar
64 1 0
I'm not really crazy about either of these patterns
But, seems like everyone has got their focus bearing
down on shorting the 1.3750 - 1.3800 area, So, from
a contrarian perspective there's no way it will reverse
until it's gone high enough to take out all those shorts.
Perhaps the .618 fib, if it arrives in 3 waves will be the more
likely point of reversal. I'm really gonna rely on the candlesticks
for help with this one.
dojitrader
2 years ago
Looks like I was only "half right". price easily moved beyond
the 1.3750 area, but, it was in an impulsive 5 waves - not
the a-b-c 3 wave correction I wanted to see. So, I'll wait
to see if we get to the area of the Shark.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out