#VLO
The overall trend is upward. The descending wave pattern is truncated. There is a bullish divergence on the Awesome Oscillator. The breakout of 68.00 will result in the formation of an ascending wave pattern, where the wave (A) has broken through the inclined channel of the descending truncated pattern. …
The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending wave pattern of the H1 level is truncated. A bullish divergence has formed on Awesome Oscillator.
monitor the price movement in real time.
Trading idea: …
Gold price provided temporary negative trades yesterday, and we notice that the price starts attempts to recover now, motivated by the positive crossover signal provided by the stochastic indicator, waiting to breach the 1825.15 level to open the way to head towards 1860.00, which represents our next main target.
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