1) 61,8 fib rejection 2) Candlesticks showing that bears are losing power 3) Trendline break is confirmation ( 4H candle with retest ) 4) Fib extension suggests 1.3250 as long term target
Cheers,
Cubefox
Trade active
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4H break of trendline. Retest of the trendline and 1.3000 level before kicking off