bilirbatu
Long

Fib extensions on EURUSD 4H

FX:EURUSD   Euro Fx/U.S. Dollar
57 0 1
First I identified the %38 retracement and then I drew an extension. There are two scenarios, first one is the support zone can hold the price at %50 level. And the second one is because of the order flow and the retracement I mentioned above (%38) this %61 extension level will hold the price.
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