1H trend chart
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THETA is forming a cup and handle pattern.
Now it broke the upper downtrend line but left a shadow line in 1H chart
If price can keep here w/o wicks top, trading strategy as below.
-
Profit Targets:
a) 7.198~7.280----Fib(1.272~1.382)
b)7.454----Fib(1.618)
c) 7.737----Fib(2)
Stop losses:
a) 6.638-----Red horizontal ray
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