In 50 Ema(exponential moving average) of 4hour the price has bounced back to find the previous High.
Our entry is located After 30min timeframe descending channel been broken at start shooting up.
By using fib retracement our point is marked as 0.28%, 0.38%, 0.50% and 61.08%. where we can find the target. Thou this is a continuation pattern we observe to reach 400 pip
Our entry is located After 30min timeframe descending channel been broken at start shooting up.
By using fib retracement our point is marked as 0.28%, 0.38%, 0.50% and 61.08%. where we can find the target. Thou this is a continuation pattern we observe to reach 400 pip
