- February 17, 2021
- Posted by: Tradingshot Articles
- Category: Forex
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Pattern: Channel Up on 4H.
Signal: Buy as the 4H RSI hit its multi-month Buy Zone and the price itself the 0.618 Fibonacci retracement level, similar to the October 15 fractal.
Target: 1.2200 (the -0.236 extension as with the October 15 fractal).
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Tradingview link:
https://www.tradingview.com/chart/EURUSD/GB9UWSgI-EURUSD-Buy-Signal/