#BABA
The descending pattern of the H4 level is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions. The support level of 220.00 deters sellers. The breakout of 232.45 will result in the formation of an ascending wave pattern.
Trading idea:
Buy when an ascending wave …
The ascending wave pattern is truncated. The level 88.2% of (AN8?) is not broken. Probably, the ascending pattern is a wave (VN8) of the descending pattern. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.
: monitor the price movement in real time. …
The pair is located around 1.1800, supported by the growing demand for risky assets and the availability of high volumes of the US dollar liquidity. The dollar also began to experience problems with growth due to the termination of the increase in the yield of US government bonds.
Technical …
Don't have your language?
