Apart from the area posted on Friday (1.13 and below - .886 ABCD) the Euro may also encounter strong support at 1.1240 (1.128 ABCD).
Since the latter scenario includes a backtest, I guess it is more likely to give a significant reaction.
RA
rat89
Rep: 0
Posts: 7,015
spy key area:
208.97 – 197.86 = .685 at 205.47
206.42 – 197.86 = .886 at 205.44
205.60 – 204.69 = .886 at 205.50
208.97 – 197.86 = .685 at 205.47
206.42 – 197.86 = .886 at 205.44
205.60 – 204.69 = .886 at 205.50
JI
jimkane
Rep: 3,058
Posts: 33,089
Holy-frickin'-cow, M showed up! After all these years! Now how cool is that? Way cool!
JI
jimkane
Rep: 3,058
Posts: 33,089
2038.75 Marcin! You got this one within one tick, and that was just your posted 'center of area', so to speak. You nailed it dead on. Even if it can't do any more, you weren't off by two points this time!
JI
jimkane
Rep: 3,058
Posts: 33,089
Could this be a 'W2' TD here? Maybe, but I'm wary of upside, unless an 'announcement' happens.
MA
MarcinO
Rep: 67
Posts: 5,506
Strange, isn't it?
Originally posted by jimkane
2038.75 Marcin! You got this one within one tick, and that was just your posted 'center of area', so to speak. You nailed it dead on. Even if it can't do any more, you weren't off by two points this time!
JI
jimkane
Rep: 3,058
Posts: 33,089
Get ready for a possible ES swoooooosh. 'They' probably will ride to the rescue, though, at the last second here...

