Euro / Paun British
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FOREX- Trade

67
Looking for a long trade counter trend trade, as we can see the fork is pointing down, however, we just saw a rejection after breaking the median line and a bullish engulfing candle closed above the median line, is expected the price to move in that direction at least until the red line 0.6180 line above. that is my target profit. reason is we seen below what price did when reached that area it reversed and moved upwards, so I expect the same behaviour.
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