I am looking to sell the retracement of the current downswing
2.0519 to 2.0328 ie: 191 pips drop.
38.2% = 2.0401
50% = 2.0423
61.8% = 2.0446
78.6% = 2.0478
Day pivot = 2.0395
Day pivot R1 = 2.0462
mid-point = 2.0429
At this stage, I am looking for a visual ABC pattern up and will project fib. extensions of A range from B low to determine top of C in the vicinity of one of the above targets.......
Anticipated time : 07:15 GMT.
2.0519 to 2.0328 ie: 191 pips drop.
38.2% = 2.0401
50% = 2.0423
61.8% = 2.0446
78.6% = 2.0478
Day pivot = 2.0395
Day pivot R1 = 2.0462
mid-point = 2.0429
At this stage, I am looking for a visual ABC pattern up and will project fib. extensions of A range from B low to determine top of C in the vicinity of one of the above targets.......
Anticipated time : 07:15 GMT.