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Default conditional formatting by color and asterisks

I want to conditionally format the fill of a cell to be red, if the font
color of the content of a cell is red AND another cell is equal (contains) 2
asterisks (**). Weird, I realize but can this be done?

So a cell will fill red if another cell's text is red and another cell has
** in it?

Any help would be appreciated.
Thanks!

 
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