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