in my idea in 4H time rate we can to define a reverse head and shoulders pattern
so , if it break the Yelow line (0.58) will may hit the 1st target in Fibonacci retracement 1.21 (0.9)
or , will go down to 0.4 ( the support area)
so , if it break the Yelow line (0.58) will may hit the 1st target in Fibonacci retracement 1.21 (0.9)
or , will go down to 0.4 ( the support area)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.