EU Fib Support and Resistance Zones: EURUSD zones of interest

May 31, 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.

May 31, 2018

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

May 31, 2018

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

May 31, 2018

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

May 31, 2018

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

May 31, 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

May 31, 2018

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Sure enough, right down to the possible support zone below

May 31, 2018

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Exact adherence to the Fibs, yet again

May 31, 2018

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Each Fib line in each zone still defining the rhythm.

Jun 1, 2018

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

Jun 4, 2018

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

Jun 4, 2018

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

Jun 4, 2018

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Perfect tests of the energy bands

Jun 4, 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

Jun 7, 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.

Jun 8, 2018

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Nice skimming off a Fib zone:


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