1) 61,8 fib rejection 2) Candlesticks showing that bears are losing power 3) Trendline break is confirmation ( 4H candle with retest ) 4) Fib extension suggests 1.3250 as long term target
Cheers,
Cubefox
Trade active
4H break of trendline. Retest of the trendline and 1.3000 level before kicking off
“In order to succeed, you first have to be willing to experience failure." - Yvan Byeajee
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