1. Sliding parallel of the upsloping blue median line (previous support) 2. Sliding parallel of the downsloping black median line (resistance) 3. The 50% fib retracement of previous downtrend
240 min Setup:
Sell the 78,6% retracement of previous sell off Stoploss: 110.200 Take profit: 107.770
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Our current level we do have the completion of a bearish bat pattern: