- March 31, 2020
- Posted by: Tradingshot Articles
- Category: Commodities
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Pattern: Fibonacci retracement
Signal: Bullish as the price made a bullish cross on the MACD and the whole pattern is similar to the previous sequence that topped on the 0.618 Fibonacci.
Target: 22.80 (just below the 0.618 Fibonacci retracement).
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