#EURUSD 4hr Update
1/3
GA on FOMC day!
Watch for blue TL break. As long as PA is above this we can squeeze/spike higher b4 sell off resumes. We need a 4hr candle close below this TL b4 sellers come back in.
New fib ext drawn below. If we spike higher I will simple redraw
1/3
GA on FOMC day!
Watch for blue TL break. As long as PA is above this we can squeeze/spike higher b4 sell off resumes. We need a 4hr candle close below this TL b4 sellers come back in.
New fib ext drawn below. If we spike higher I will simple redraw
2/3
with new TL. New fib ext drawn as we had 2 green candle retracement during Asia WITHOUT completing 2 red candle closes below the previous swing lows at 0130. Complete candlestick structure requires 2 red candle closes below the swing low. If this doesn't occur and retraces
with new TL. New fib ext drawn as we had 2 green candle retracement during Asia WITHOUT completing 2 red candle closes below the previous swing lows at 0130. Complete candlestick structure requires 2 red candle closes below the swing low. If this doesn't occur and retraces
3/3
as we did during Asia with 2 green candles then we redraw the fib ext as above. If you aren't in a swing from above as I am and you are day trading... then good luck. If in swing positions shorts are still looking good and have not been invalidated.
GL and don't get chopped
as we did during Asia with 2 green candles then we redraw the fib ext as above. If you aren't in a swing from above as I am and you are day trading... then good luck. If in swing positions shorts are still looking good and have not been invalidated.
GL and don't get chopped
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