#XIAOMI
The share is traded in the descending channel’s lower border span. The reverse pattern “Pin-bar” has formed. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy after the 4-hour impulse candle is closed above 23.22.
Stop-loss — 22.37.
Target levels: 24.45; 25.89.
The currency pair is traded in the upper border of the descendant price’s channel span. The ascendant wave structure of the H4 level is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where the …
News of the day, Friday, March 18
Yesterday the Bank of England raised the interest rate for the third time since December — by a quarter-point to 0.75 returning it to a pre-pandemic level. The financial regulator expects inflation to grow to 8% in the second quarter of 2022, which …
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