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EUR.USD dipping Exactly as planned: EU short Targets plotted

2019-11-19 05:10:23

Quick update to my previous "Hunt of Shorts" Idea (click).

EU bounce exactly up in our Ideal Shorts zone (see above link).
The rejection is clear but is not clear if only from profit taking.
Reactions at the various zones will help gauge retrace strength.

1.10746/753 will hopefully act as resistance now, we are right up to it.
1.10887/924 should be strong resistance now, Stop Losses just above.
1.11082/127 should not be broken, otherwise this is going Bull again.

1.10633/651 is first support, expect a bounce of some sort.
1.10540/559 is first strong support, expect a strong bounce.
1.10391/407 could end the retrace and return to uptrend.


Previous EUR.USD analysis (click):
1.108 short call
1.102 Long call
1.116 Top Call
EUR.USD short call
EUR.USD bounce plot (found last bottom)
EUR.USD short call (in time, to the Pip)
EUR.USD long call (scalp that ran hard)
EUR.USD short Call (perfect top, huge profits)
EUR.USD trend Short (the exact 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.