EURUSD Short - Resistance, Fib extension, exhausted move

22 במאי 2017

Here we see a shorting opportunity at the 1.13 level on the EURUSD using previous resistance and the 2.61 fibonacci ratio from the previous short wave down, target would be mid 1.09's going long for the next wave up. I think the dreams of EU parity with the dollar are long gone.

22 במאי 2017

הערה

If this plays out, I'll target mid 1.09's and flip the position around to long for a big move up to 1.16.

23 במאי 2017

הערה

Almost there... one more leg up.