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The asset broke through the global trend line and was able to consolidate higher, which means that there is a chance to get a rebound again to the Fibonacci 0.618 zone.
The asset is now testing a trend line in the form of a double bottom, this pattern works out 80% for a rebound up
The asset broke through the global trend line and was able to consolidate higher, which means that there is a chance to get a rebound again to the Fibonacci 0.618 zone.
The asset is now testing a trend line in the form of a double bottom, this pattern works out 80% for a rebound up
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