#ICE
The overall trend is upward. The downward pattern ended with the breakout of the inclined channel. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicator signals oversold conditions.
Trading idea:
Buy shares when an ascending wave pattern is formed after the correction.
Stop Loss: 111.24. …
Futures contracts for gold prices fluctuated in a narrow range that tends to decline during the Asian session, to witness its retracement of the third session in five sessions from its highest since February 11th, and to prepare for weekly losses, overlooking the negative stability of the US dollar index, …
The Australian dollar against the US dollar reached the support of the ascending channel that appears in the image, and we note that the stochastic indicator is losing its positive momentum to reach the outskirts of overbought areas, which supports the chances of continuing the negative scenario in the intraday …
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