Fibonacci extension indicates likely 0.618 level or the extended range 1-1.27, which would complete our previous head and shoulders analysis. Coment below your thoughts and/or constructive ideas. Thanks ;)
Trade active
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Price headed to the 1 - 1.27 Fibonacci level.
Trade closed: stop reached
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I was wrong, it wasn't a head and shoulders, it's an uptrend channel. I changed my position, I'm long now.