The "hammer" reversal pattern has ended the last week with a false breakout of the support level. Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy from the round important level of 1.6500.
The stop loss under the local minimum: 1.6300.
Target levels: 1.6840; 1.7200; 1.7900.
#DUK
The overall trend is upward. The descending pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold condition. The inclined channel of the descending pattern is broken.
Trading idea:
Buy when an ascending pattern 1-2-3 is formed above 88.04.
Stop Loss: 85.80;
Target levels: 90.00; …
Futures contracts for gold prices declined during the Asian session, to witness their lowest since the ninth of June 2020 amid the rise of the US dollar index to the highest since the fifth of February, when it tested its highest since the beginning of December 2020 according to the …
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