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AJBELLSIPP
Aug 29, 2014 8:00 PM

$EURUSD Fib confluence and approaching interesting reaction zone Long

Euro Fx/U.S. DollarFXCM

Description

Confluence at 1.3020 of 50% Fib (Jul 2012 to May 2014) and 78.6% Fib (Jul 2013 to May 2014).
Entering zone with noticeable support/resistance reaction points.
Will look to play via LEU3 in the SIPP, for min 38% Fib retrace.
Comments
AJBELLSIPP
Added first units (one-third position) on H1 close above the the D1 SMA5 and H1 EMA34.
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