The currency pair is trading in the range of the upper limit of a descending price channel on the weekly timeframe (W1).
monitor the price movement in real time.
On the H1 timeframe, an ascending M15 level pattern is truncated, and Stochastic Oscillator signals an overbought condition. …
Tuesday, December 8th, today’s news—the uncertainty of Brexit outlook weighs on the markets, the pandemic is escalating in Europe and the world. The markets are mixed, vaccine rollout continues to be a positive factor, supermarket sales in the UK rose 10% in November, the dollar is stronger. The price of …
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The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages directed upwards. The inclined channel of the descending pattern is broken. Stochastic Oscillator signals oversold condition.
Trading recommendations:
Buy on the formation of an ascending 1-2-3 pattern.
Stop Loss: 371.00.
Target …
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