A Cup&handle pattern on the Shekel X Eur, the cup & handle
is the most poweful pattern for a bullish
continuity trend (90%). If the cup & handle
is broken by a specific trading event the trend could follow the diagonal of the fibonacci retracement
in order to do a bullish gartley
pattern until the red support zone
once done, the next target will be the green zone anyway.
I am intrigued by the consistency of having put this fibonacci retracement
on the higher low happened many years ago.
Not a financial advice.
Good trade !