Break vs Retracement

Australian Dollar/U.S. DollarFXCM

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⋅ 14 Oca 2020 09:43

- After the retracement the price stopped at 61.8% and made a big green candlestick which may mean that we will see an upward momentum, however, the price has not reached the bottom of the channel so the price could continue to go down.

- Wait for a lower time frame break.

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