EURUSD local Support Resistance zones: Long entries inbound?

2019年1月16日

This is a follow up to my previous analysis looking for long entries.

Got a few scalps at above support zones, small profits.
The drop measures more like Corrective than Impulsive.
Hoping to catch an uptrend continuation past local high.

The Fibs dont tell WHICH one will TURN it,
but IF it is going to turn, it WILL be at a Fib.
Check the Idea linked above and hit play.

I always like to start with a Scalp position.
Then if it survives, look to keep adding.
Trailing Stops a must these days cuz news.

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2019年1月16日

註釋

Here we are at first Resistance

Closed up shows an EXACT Ping, confirming that zone

2019年1月16日

註釋

Thus my penitence for Pings such exact reflections are indicative of a High Energy Fib

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2019年1月17日

註釋

Back to where I thought wave C had ended

Referring back to fibs, the red 4.236 might be the target