#IPGP
The overall trend is upward. The descending pattern of the H4 level is truncated. The formation of a double bottom pattern and a bullish divergence on Awesome Oscillator are likely to appear in the graph.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) …
The overall trend is downward. The ascending pattern of the H4 level is truncated. The Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator moving averages have moved out of the overbought zone. The inclined channel of the ascending pattern is broken.
monitor the price movement …
The pair found support at 1.1760. If the German IFO business climate index's data increases, and the values of the basic index of personal consumption expenditures in the US on the contrary don’t grow, the pair may continue to recover.
Technical side:
The price is located below the middle …
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