EUR.USD approaching an Important Support zone, EU do-or-die here

2019-12-19 21:06:28

Quick plot to show a very important Zone being approached.

Dark Blue fib series has defined the entire move since $1.100 bounce.
Confluence of this fib with higher tf fibs focuses the zones of interest.
Green zone at the 5.618 is obvious to most, but the fibs define it exactly.

Previous EUR.USD analysis (click):
1.109 Short Call
1.102 Bounce Call
1.125 Short call (still in play)
1.119 Bounce Plot (better than expected)
1.131 Short call (pin point accurate)
1.118 Long call (scalp that ran hard)
1.240 Short call (the very tip-top a year ago)

Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

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