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AUDNZD - H4

Hello

In the AUDNZD currency pair we see a chart with a steep downward slope and using Fibonacci we made sure that it formed a pivot, in my opinion in this case the price does not reach the midline and follows the 25% rule.

The 25% rule states that if the price forms a pivot within 25% of the BC line and the price does not move towards the midline, the price will move in the opposite direction to Andrew's fork.

Good luck



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