(4h) $eurusd Threatening the weekly fractal support

6 Şub 2020

EURUSD

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Head and shoulders formed above with default projections at 200% fib extension (1.09533);
Bullish crab and shark patterns projected at 1.09593 at 161,8% fib extension;
Eventual double bottom: neck and validation point above 1.10956 (daily fractal resistance) & default target above one broken neck around 1.11997.

Safe trades!