EU Fib Support and Resistance Zones: EURUSD zones of interest

31 mai 2018

These are price zones that Fibonacci analysis show to be important points.
Chart is expanded vertically to reduce overlap in price labels.
There are zones above and below currently display, drag chart around.
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See the Related Ideas below for ideas on how I use such zones.

31 mai 2018

Note

Updated with new Fib zones above, based on developments since post.
Looks like some strong resistance in the newly added bands above.

31 mai 2018

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Lets see how strong (or not) EU is.
This zone will be very telling

31 mai 2018

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Bouncing around in the top band.
Looks like it might break out

31 mai 2018

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Close up of price action within the fib bands.
Each line is acknowledged exactly.

31 mai 2018

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Thoroughly tested the fib bands above, and is now heading back down.
I think it is headed quickly to the zone below, because between them is no-mans land

31 mai 2018

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Sure enough, right down to the possible support zone below

31 mai 2018

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Exact adherence to the Fibs, yet again

31 mai 2018

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Each Fib line in each zone still defining the rhythm.

1 juin 2018

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Is there any doubt that the entire universe runs on the Golden Ratio?

4 juin 2018

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These two prices touches tell me this band is somewhat important.

4 juin 2018

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Close up of the zone.
ALSO, new impulse and Fib confirmed just now.

4 juin 2018

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Perfect tests of the energy bands

4 juin 2018

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Nice break and retest of Fib zone.
Looks like it will reach higher towards next zone, where I plan to short

7 juin 2018

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Interesting action around my updated zones.
I will post a new idea in the next day, as new developments have rejiggered some of the zones.

8 juin 2018

Note

Nice skimming off a Fib zone:


The main chart needs update, will do so in a few hours.