Pennant towards 0.5 fib retracement?
Updated
Looking back, one can see that the previous breakouts consolidated around the 0.5 fib retracement.
Looks like a new pennant is forming; that could give a rough indication for the scalping range:
Looks like a new pennant is forming; that could give a rough indication for the scalping range:
Comment
Waiting for clear breakout confirmation above 2.10Target 1: 2.45
Target 2: 3.13
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