Hello traders! We have an ABCD pattern here where we can expect a reversal after completion. This D point was a result of a break, a break below previous support where sellers failed to push the market below the 1.13 extension. This could mean a failed break of support. This is only valid if we see buyers push the market back above that zone where we will have a possible buy opportunity. This is not a signal but an idea shred for educational purposes. Traders should not trade from predictions but react from the market. Trade smart don’t gamble.
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