EU at Weekly Control MM

EU is at the weekly MM that hasn't been filled. Levels shown in pic.

EU Weekly Target

EU weekly target to look for within current trend.

EU hits 50% WMM

EU hits the weekly 50% MM

EU hits Weekly 100% MM

Euro hits 100% of the previous weeks measured move. Shown in the gray box.

We see in this pic the result of price hitting and finding Res yesterday at a larger swings 50% level. We find that by looking at the 4Hr chart with the monthly pivots. In the VIDEO MONTLY PIV you get an overview of what may come this month. In the VIDEO WEEKLY PIV you see the corrective range for the week. In the final VIDEO DAILY PIV  you see how price rejected the 50% Res level and quickly hit the 100 PDMM and eventually the 150 PDMM.

This is a very good example as to how and why I follow the multi time frame pivot levels and overall market structure. This view gives me a better idea of what I can expect each and every trading day.

We have just hit the 100 PWMM projected from CLOW. This is on the 6th trading day of the month. Will these be a short reversal level?

This pic shows the weekly fib pivot setup and the initial range. This VIDEO walks you through the setup.

This pic of the 1Hr chart with weekly and monthly pivots describes what I see in the current market and a little of what I am expecting.

EU pullback to new weekly pivot and monthly R1 @ 1.4505. Looking for long continuation.

This shows the 50 PWMM being hit projected off of the CLOW.

We are now seeing a dbl top against 61.8 PWMM projected from the PWC. This is in confluence with the 88.6 PWMM projected from the CLOW.

Is this a sign that we may be seeing a retracement from the recent up swing in price?

In this 4Hr chart we see the weekly pivots and the fib pivot levels. Price found Res at the 150 PWMM level and projected from the previous week's close level. This level was also in confluence with the 61.8 PDMM that can be seen on the 15min chart.

Nice to see this kind of confluence.

In this pic you see the 61.8 PMMM level hit when the fibs are applied to the previous monthly close. Next thing to look at is that 88.6 PMMM from the monthly low has been hit.