#CI
The overall trend is upward. The descending wave pattern is truncated. There is a bullish divergence on Awesome Oscillator (TF H1-H4). Breaking through the price pivot zone of 230.80 will result in the formation of an ascending wave pattern.
Trading idea:
Buy on the breakout of 230.80.
Stop Loss: …
The overall trend is downward. The currency pair is trading in the range of 135 and 365 moving averages. The ascending patterns of the H4 and H2 levels are truncated. There is a bearish divergence has formed on Awesome Oscillator. A start fractal has formed has formed below the …
Gold futures contracts fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound to the thirteenth session in twenty-two sessions from its highest since the seventh of January, ignoring the negative stability of the US dollar index according to the inverse relationship between …
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