After the perfect breakout of the ABCDE-Formation we touched the fibonacci-zone and are now seeing a broadening rising gap, which is a continuation pattern.
The upper and lower barriers have already been touched 3 times, which means that a breakout is imminent
The low drop to just the 32,8 fib shows the strength of the upward trend.
The upper and lower barriers have already been touched 3 times, which means that a breakout is imminent
The low drop to just the 32,8 fib shows the strength of the upward trend.
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