MisterFXGuy

EURUSD - Updated box post from yesterday

FX:EURUSD   Euro Fx/U.S. Dollar
269 0 8
My last post seemed a hair off, but in hindsight, it's because I used the first of the two major lows on this upswing. Silly me.

Regardless, this post shows the cloned blue box placed on the proper low, showing the high of the candlestick bodies perfectly. I've done the same with the retracement (red) boxes, but have used and started on the wicks. This should serve as a nice visual reference for whatever happens next.

I'm actually long EU right now, since the 60 minute chart is bouncing at a confluence point of support, but this still appears to need some more retracement before continuing upwards.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder 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