$EURUSD 04 Nov 2010

Here is what I see in $EURUSD now. I might be completely wrong and miss the move, but I would prefer to get in short position somewhere near 1.4250 to 1.43 level. I see the confluence of Fib levels, resistance zone in weekly chart, and a harmonic pattern. I'll be looking at this setup closely next week, if NFP doesn't destroy the technical picture.

Here is the CHART! (click on the chart to magnify)

setup

EURUSD_04 Nov 2010_ BB — EURUSD Harmonic chart

Update

EURUSD hit the zone, and reversed. Setup worked out nicely.

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Gav (Trader Gav) — Trackback2010-11-03 19:28:34 UTC

Have a look at $EURUSD 04 Nov 2010 http://bit.ly/abGZYb

Adam Jowett — Trackback2010-11-03 19:36:07 UTC

RT @tradergav: Have a look at $EURUSD 04 Nov 2010 http://bit.ly/abGZYb >> nice analysis there Gav

Pipstealer — Trackback2010-11-07 09:56:56 UTC

RT @tradergav: $EURUSD Chart update [Look at update tab] RT @tradergav $EURUSD 04 Nov 2010 http://bit.ly/abGZYb // nice setup u found there

$EURUSD 04 Nov 2010

setup

Update

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