A pin bar has formed on the H1 timeframe with a false breakout of the local minimum. Awesome Oscillator has formed a bullish divergence, and Stochastic Oscillator signals oversoldness.
Trading recommendations:
Buy Above 198.50.
Stop Loss: 195.30.
Target levels: 203.30; 209.30; 218.10.
If the local minimum is updated, cancel the …
The pair is trading below the strong resistance level of 1.3345. The main supporting factor is the mood of panic around the new coronavirus which is already expected to have a strong negative impact on the global economic growth, and therefore on the demand for crude oil whose dynamic noticeably …
The overall trend is downward. The currency pair is trading in the range of the round important level of 1.0900. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicator overboughtness.
Trading recommendations:
Sell while a 1-2-3 descending pattern is forming (at the close of the hourly candle …
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