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price has been in a range for some time now it is a good opportunity in H1 to buy until price meet the upper side of the range
after quite a nice bear rally, price is pulling back for the past few days i think it's time to sell that one
afetr a nice pull back at 38.2 i see price going back down following it's initial momentum from when it started to sell around 114
I see that price has made a nice pullback respecting 38.2 and now it look ready togo back up
I can see that price has been bearish from the top at about 1.615€ ...
Now that price seems to have pulled back at 50% around 1.556€ at the beginning of last week.
Price actually ended up last Friday with a nice tail around 1.532€ at a nice support /resistance
Which tells me that price may be ready to go further down forming a nice XABCD pattern.
price has been ...
So I have spotted a nice double bottom ... price has bounced off precious low by breaking the flat formation leaving behing a nice and clean trail suggesting it's unwillingness to keep going futher down... Fibonacci levels lokks good too :)