Euro Anchor Chart Prep

We have
moved lower this morning on the euro, below the PLOD from the last 3 days, so
this move is significant.  If we keep moving
lower on the euro we will use the Wave Set-Up to get short and if we move
higher on the euro we will use the InsideOut Set-up to get long.

We can see
the anchor chart is almost completely oversold and we have a bearish price-channel
and a directional bias that is short.  We
will be looking to sell short with a profit-target of 2940 in the short term today.

Our day
trading plan for the euro is to buy above the PLOD if the sellers fail, and use
the price-channel and the PHOD as our profit targets.  If we go lower we already have the
directional bias telling us to get short, however, the symmetry support at big-round-number
of 1.3000.  we need to see an entry
signal short that gives us enough room to get into the trade short without
trading directly on top of the big-round-number 1.3000, or just wait for a new lower-lows
below the big-round-number and symmetry for the best short opportunity.