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Andre_Cardoso
Jun 18, 2020 12:15 AM

(4h) Head and shoulders followed by the 61,8% fib $usdmxn o_O Education

USD/MXNOANDA

Description

OANDA:USDMXN

Normally we search for the golden fib retracement after a double bottom or a double top forming the 2618
Let's see how the price will behave after one inverted head and shoulders, followed by the 61.8% fib retracement.
We expect the pattern to form one symmetrical ab=cd pattern above the weekly fractal support at 23.37, also the default target for the bullish crab pattern.

Just observing...

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