- March 16, 2020
- Posted by: Tradingshot Articles
- Category: Forex
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Pattern: Rectangle on 4H within the 0.382 and 0.618 Fibonacci levels.
Signal: (a) Bullish if the 4H MA50 (blue) breaks, (b) Bearish if the 4H MA200 (orange) breaks.
Target: (a) 1.14000 (the 0.786 Fibonacci retracement level, (b) 1.08000 (just above the the 1D Support).
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