My Intraday Outlook.
(ahead London)
100 pips zig-zags.
Ok, you may zoom out the chart, but I will only consider the 7 days now EUR/USD consolidation.
If is to continue it has to break that range @ 1.2400 - 1.2300.
Otherwise we can play the range inside on the S/R levels.
Intraday resistance:
- 1.2396 - 1.2400 - 1.2413 (HH)
- 1.2379 (Fibo 38.2 PP)
Intraday support:
- 1.2362 (W_mid)
- 1.2326-28 (38.2%+W_PP)
- 1.2316 (M_PP)
My Intraday Trading: Sold 1.2379 as an intraday resistance (Fibo 38.2 PP) by default.
Have a good trading day, you all!
(ahead London)
100 pips zig-zags.
Ok, you may zoom out the chart, but I will only consider the 7 days now EUR/USD consolidation.
If is to continue it has to break that range @ 1.2400 - 1.2300.
Otherwise we can play the range inside on the S/R levels.
Intraday resistance:
- 1.2396 - 1.2400 - 1.2413 (HH)
- 1.2379 (Fibo 38.2 PP)
Intraday support:
- 1.2362 (W_mid)
- 1.2326-28 (38.2%+W_PP)
- 1.2316 (M_PP)
My Intraday Trading: Sold 1.2379 as an intraday resistance (Fibo 38.2 PP) by default.
Have a good trading day, you all!
Member
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