In 2 hour time frame analysis the price has been rejected by key support level and successfull engulfed with a full up bar, and the key support level is the 38.2% of fib retracement A-B.
Upside Target 0.70500 and 0.71900
Stopped out level 0.6940
Trading ditutup: stop tercapai
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Komentar
emiltw
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If price successfully hit 2nd target, will face a key resistance area and formed an AB=CD pattern. Thus we will make a Short Entry to 38.2% and 61.8% of A-D retracement
If price successfully hit 2nd target, will face a key resistance area and formed an AB=CD pattern. Thus we will make a Short Entry to 38.2% and 61.8% of A-D retracement