#CBK
The overall trend is upward. The support level of 5.020 is holding back sellers. The descending wave pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks …
The Fibonacci level of 88.2 from the assumed wave (A) is not broken, which gives the opportunity to assume that the descending pattern is a wave (B). Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold conditions.
monitor the price movement in real time.
Trading …
The continued demand for risky assets puts pressure on the dollar, as it is the funding currency, which makes it profitable to borrow in dollars and then use it to buy other currencies, which, such as the euro, are supported by the wave of demand for the company shares …
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