{"id":119690,"date":"2018-01-16T08:41:22","date_gmt":"2018-01-16T13:41:22","guid":{"rendered":"http:\/\/countingpips.com\/?p=119690"},"modified":"2018-06-01T15:46:43","modified_gmt":"2018-06-01T15:46:43","slug":"eur-usd-retracement-towards-poc-zones","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/01\/eur-usd-retracement-towards-poc-zones\/","title":{"rendered":"EUR\/USD Retracement Towards POC Zones"},"content":{"rendered":"
January 16, 2018<\/div>
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By Admiral Markets<\/b><\/p>\n

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As I explained yesterday during my Live Trading Session Recap webinar<\/a>, the EURUSD was due for a retracement. And it happened exactly as planned. The pair dropped to the POC zone and we could see some profit taking now. At this point 1.2210-2220 is the zone which could spike the price up but the break below 1.2190 could target 1.2155 POC2 zone. There is a lot of confluence there and 1.2145-55 could be good for new buyers and fresh longs. If the pair gets to 1.2295 look for a continuation up towards 1.2325 and 1.2365.<\/p>\n

W H3 -1.2055 should give another upside boost to the pair.<\/p>\n

W L3 – Weekly Camarilla Pivot (Weekly Interim Support)<\/p>\n

W H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)<\/p>\n

W H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)<\/p>

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<\/div>\n

D H4 – Daily Camarilla Pivot (Very Strong Daily Resistance)<\/p>\n

D L3 \u2013 Daily Camarilla Pivot (Daily Support)<\/p>\n

D L4 \u2013 Daily H4 Camarilla (Very Strong Daily Support)<\/p>\n

POC – Point Of Confluence (The zone where we expect price to react aka entry zone)<\/p>\n

Follow @TarantulaFX<\/a> on twitter for latest market updates<\/p>\n

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Read the Camarilla trading blog<\/a><\/p>\n

\"MT4<\/a><\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: EUR\/USD Retracement Towards POC Zones<\/a><\/p>\n

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Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets As I explained yesterday during my Live Trading Session Recap webinar, the EURUSD was due for a retracement. And it happened exactly as planned. The pair dropped to the POC zone and we could see some profit taking now. At this point 1.2210-2220 is the zone which could spike the price up […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-119690","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=119690"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119690\/revisions"}],"predecessor-version":[{"id":119694,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/119690\/revisions\/119694"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=119690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=119690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=119690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}