News for today, Friday, January 21
The World Bank has lent $750 million to South Africa to support economics in recovery from the pandemic. South Africa, the second economy on the continent, has been damaged hard by COVID. The virus has killed 94 000 people and raised unemployment to a …
#DPW
The general trend is ascendant. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The inclined channel of the descendant truncated structure is pierced.
Trade idea:
Buy when price breaches through 54.41.
Stop Loss – 53.00.
Target levels: 57.74; 61.15.
The descendant wave structure of M30 level is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when an ascendant wave structure starts forming, where a wave (A) pierces the inclined channel of the descendant truncated structure of M30 level.
Stop Loss below a …
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