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Combining Fibo and Price Pattern.
In a side way market, when price break out from a horizontal range, it will try to pullback and rise again. The rise will hit the high of original high, will potential to hit 1.382 level.
In a up swing, when price is about to turn it will typically have a Deep Pull Back. Similarly market force will fight and push it up to previous high. Guideline is that market will make 2 humps, seldom 3. It up to us in how to harvest these 2nd humps.