03.03.2022
The resistance level of 0.6259 restricts the buyers. The pattern “Triple Top” has formed. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought conditions. The breaching of 0.6228 will form the descendant pattern ABC.
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Trading idea:
Sell when 0.6228 is breached.
Stop Loss is over the resistance level of 0.6259.
Target levels: 0.6190; 0.6153.
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