JoeCandles

EURUSD SHORT FIB TIME

Short
FX:EURUSD   Euro / U.S. Dollar
So the EURUSD is obeying the institutional game as predicted. Theoretical FIB TIME ZONE suggests 1.1120 very soon. Only question for me is whether the next few hours will see a repeat pattern of testing the upper trend level or if it'll be a nice clean drop beyond the 1.125 mark. The range of the trend is very narrow, so your 1-Day charts aren't much use to you in the build-up to Wednesday. AGAIN: no obvious reason to deny the clear Fibonacci game while everyone hangs around waiting for the FED and ECB.

K on the Stochastic is already at 87!!

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