Possible retracement?

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Possible retracement?
Note
Target reached. Nest retracement upside to 7100-7300 sat which comes from bull div on 4h and fibs. It usually bounces back to 4.23 given that 1.00 is at 0.78 of previous big move and 0.00 is the local low. Local low now is 5500.
Chart Patterns

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