Quick plot to observe Zone reactions around ECB news.
These ''before news'' zones worth studying ''after news".
Change in Fib behavior would indicate sentiment change.
I am an EU bear and have been since early 2018.
The above Idea is for clues about bigger picture.
See the Ideas below for examples of such clues.
The first clues of EU topping came in April 2018
The downturn confirmed targets in May 2018
These ''before news'' zones worth studying ''after news".
Change in Fib behavior would indicate sentiment change.
I am an EU bear and have been since early 2018.
The above Idea is for clues about bigger picture.
See the Ideas below for examples of such clues.
The first clues of EU topping came in April 2018
The downturn confirmed targets in May 2018
Note
Not an exact Ping, but close enough, Fib still in control .
Note
Nice, Double Tap, double Rejection and EXACTLY at the top boundry both times! .
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.