The overall trend is downward. The upward pattern of the H1 level is truncated, and the price is in the range of 365 and 135 moving averages. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overbought conditions.
monitor the price movement in …
#OXY
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The inclined channel of the descending pattern is broken. The 1-2-3 pattern is formed. Awesome Oscillator indicator shows a bullish divergence.
Trading Idea:
Buy above 27.80.
Stop Loss: 25.32.
Target levels: …
The pair is slightly correcting downwards after Friday's rebound, caused by an increase in demand for risky assets, which put pressure on the US dollar. If the general market sentiment is neutral, expect the pair to continue its corrective decline.
Technical side:
The price is located above the middle …
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