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OAO NOVATEK GDR

By Global_Invest
As we can see price broke the strong resistance level and pulling back to retest the zone. Price may bounce back to the previouse high(which is the upper rectangle zone) after resting on fibonacci 50/ 61.8 retracement. Possible entry zone is to go long after testing the support which was resistance and fibonacci levels and also after forming a nice bullish candlestick.

-Trade with care

-Murod
Trend Analysis
Global_Invest

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