EURUSD SHORT ENTRY LEVELS, EURO SESSION ONLY

20. Juli 2016

More chances for a bearish continuation, what is confirmed by a recent multi time frame price action research, and important level zones



NEXT WEBINAR (LONDON TIME): 20/07/16 10:00 youtube.com/watch?v=9SnGDVWRdXA

How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.



Currently there are no clear patterns on a chart (it doesn't mean that there are no level limit entries and places for stop entries)

We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation:
1W NR4
1W NR7






Also I have decided to share a Levels, that take time to count, and you can use them as a bounce levels in a direction you trade:
Option level R4 1.11510
Option level R3 1.11500
Option level R2 1.11500
Option level R1 1.11490
Option level S1 1.09970
Option level S2 1.09600
Option level S3 1.08790
Option level S4 1.08350

Session (current session only) levels:
r3 1.10449
r2 1.10358
r1 1.10268
p 1.10121
s1 1.10031
s2 1.09884
s3 1.09794

I really hope that sharing of my routine with you, will help you in your trading.

Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.

Sincerely
Arturs Jermolickis
[e-mail]
skype: marenno.business
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.