Pattern: Parabolic rise on 4H.
Signal: Bearish as the rejection was made exactly on the 0.5 Fibonacci retracement of the 1.1240 Top (Dec 31) and just above the 4H MA200.
Target: 1.09200 and 1.09000 (the 0.382 and 0.5 Fibonacci retracement respectively of the parabolic move).
Previous successful Buy Signal:
Signal: Bearish as the rejection was made exactly on the 0.5 Fibonacci retracement of the 1.1240 Top (Dec 31) and just above the 4H MA200.
Target: 1.09200 and 1.09000 (the 0.382 and 0.5 Fibonacci retracement respectively of the parabolic move).
Previous successful Buy Signal:
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👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
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.