EuroMotif

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. Fib extensions and retracements are projected forward in time and price. If price bounces or reverses, it will probably do so at one of these zones. Check my previous ideas for the PRECISION of these zones. I will update as new zones are defined by upcoming Fibs.

EuroMotif Mod Updated 

Watching the retrace, to see what happens at the .618. The grey zones in above chart are from my Fibonacci Resonance analysis: Probably risky to short after so much of a drop, but I am thinking of this bigger picture:

EuroMotif Mod Updated 

Update from previous Zone calculation linked below in 'Related Ideas'. I left some of the recent Fib Extensions that were used to look for confluences. All of the recent moves look to be playing the same rhythm for last month (new fibs line up with old zones). Of note: the drops were hitting the .236 notes, while the climb was hitting .618 notes in a choppy...

EuroMotif Mod Updated 

Most zones have not changed since last post for BTC . Some of the zones near current price have changed. Here is my last analysis, which proved pretty accurate: These zones are calculated using Fibonacci Ratios of past price moves. Fib extensions and retracements are projected forward in time and price. If price bounces or reverses, it will probably do so at...

EuroMotif Mod Updated 

Shorts fired. This plan was originally posted 2 weeks ago on Jun 15th. I have taken several small scalps along since then, with some profits. My EU short position started in early April: The downtrend became much stronger than I expected, so am currently working this long term plan: Right we have German Politics in a bit of a chaos. Should be a good driving...

EuroMotif Mod Updated 

This pair has been trending up already. Fundamentals are really starting to kick in. Oil just took a spill, Trump is trumpeting. Looks like we are well into a Wave 3. Wave 3's tend to be the most vertical. After w3, expecting a shallow w4 (due to deep w2) Fibonacci Ratios are being noticed by the price. Playing the 618 notes with overtones to full notes. Notice...

EuroMotif Mod Updated 

Updated from my last Zones posted, linked below in Related Ideas. Some new zones became apparently with the recent moves. But all in all, the sideways move was keeping to the zones quite precisely These zones are calculated using Fibonacci Ratios of past price moves. Fib extensions and retracements are projected forward in time and price. If price bounces or...

EuroMotif Mod Updated 

Short triggered based on my Fib zones. Have been short EU since early April (see Related Ideas below). Been waiting for a bounce to add more shorts. This will start as a scalp with trailing stop. If trailing stop survives, will add to my long term short position.

EuroMotif Mod Updated 

Took a small short position here. Good RR as SL is very close If Oil breaks above resistance zone, it might fly. Thus a very tight stop

EuroMotif Mod

Been watching the 1250 zone. Held up pretty well so far. Am thinking USD is due for a retrace, especially with NY open.

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. Fib extensions and retracements are projected forward in time and price. If price bounces or reverses, it will probably do so at one of these zones. Some zones will match previous highs and lows, since Fibs are derived from the extremes. Some zones will not match anything previous, but...

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. Fib extensions and retracements are projected forward in time and price. If price bounces or reverses, it will probably do so at one of these zones. I found a way to make the zones go back to origin point. So some of the recently created zones will only go back a few hours. The longer...

EuroMotif Mod Updated 

Waiting for more of a drop, with zones to watch for possible entries. All of the Grey zones are from my weekly Support and Resistance Zone calculations linked below. The Green and Red zones are previously existing zones that have been reinforced by this last wave/ripples. There are two possible entries (green zones) but I will be mostly interested in the 109.00...

EuroMotif Mod Updated 

Hoping to see something like the blue squiggle develop. (break and retest support, start falling hard, which should cause drop to next zone). Ideally will start happing in about 15 mins when UK markets close and profit taking might start the down move All of those grey lines were drawn week go go per this Idea:

EuroMotif Mod Updated 

I found a way to make the zones go back to origin point. So some of the recently created zones will only go back a few hours. The longer (time period) that a zone is, the larger time frame that Fib covered As well, I have left a couple of the recent Fib extensions used as examples. My complete chart has so many lines one can hardly see the price. So for...

EuroMotif Mod Updated 

These zones are calculated using Fibonacci Ratios of past price moves. Some zones will match previous highs and lows, since Fibs are derived from the extremes. Some zones will not match anything previous, but they are Fib multiples and THOSE are the important ones. Where prices overlap on the zone lines, drag the Right (price) Axis up to magnify and reduce...

EuroMotif Mod Updated 

That's a LOT of lines, I know. Kind of like ''draw a bunch of random lines and some of them will work", right? This asset has just been so choppy, that it has left a LOT of ripples. But it looks like it might be leaving the chop range. So that should help me define better resonance frequencies soon. Also, I found a way to make the zones go back to origin...

EuroMotif Mod

Like catching pennies in front a freight train maybe. But it has dropped a lot, with momentum building, shown by the increase in Fib distances covered with each move. But it has to stop somewhere and bounce a wee bit? I am hoping to catch the 5.618 extension ride back to 2.618 test.