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There is a high probability that the price will drop to 4h Demand Level around 1.3000 forming a Bat Pattern which will turn the movement upwards to 4h Supply Level around 1.331 where it will form a decent Cypher Pattern. Making a pending order after the Bat completion is a good idea with TP as 38.2 fibo retracement 1.31829. The other scenarion is that the price won't go down anymore and will aim a straight Cypher pattern.
Cypher Tools:
*Fibonacci retracements (38.2% , 61.8% and 78.6%)
*Fibon…
Cypher Tools:
*Fibonacci retracements (38.2% , 61.8% and 78.6%)
*Fibon…