- April 21, 2021
- Posted by: Tradingshot Articles
- Category: Forex
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Pattern: Channel Up on 4H (blue).
Signal: Buy as the breaking of the 1.382 Fibonacci extension (former Channel Down Fib Resistance), signals a buy continuation for the pattern and invalidation of the Channel Down (similar to November-December).
Target: 1.21800 (top of the High Volume Resistance Zone of 2021).
Most recent EURUSD signal:
Tradingview link:
https://www.tradingview.com/chart/EURUSD/C1ZhrpTh-EURUSD-on-bullish-continuation