EU looking for bounce to short: EURUSD fib zones

4 Jun 2018

This plan is based on my calculated Fib zones, which often act as turning points.

I am long term short on EU starting with these entries in early April:

My medium-term outlook working very well, looking catch that wave IV bounce to short into wave V

4 Jun 2018

Nota

Darn it, I might have missed it.
Massive rejection of my fib resistance zone that I thought would break.
Oh well, might have missed a small scalp, but I still think it is headed for a final push up in the form of a wave 5, then down, but lets see. At least I still have a massive short position building since early April

4 Jun 2018

Nota

Pretty good recovery thus far.
Watching closely, if rejects again from this zone, I might have to pull the trigger.

6 Jun 2018

Nota

EU looks to be reaching for the next zone, might be a good short up there.

6 Jun 2018

Nota

And so we have our answer.
Exact ping of upper zone, heading down.
I had small limit sells up there that were picked up.
Now riding the scalps down, hoping to TP on 50%, let other half ride with my long term shorts.