24.10.2019
A hammer reversal pattern formed on the H4 timeframe from the support level of 101.00. Bullish divergence has formed on Awesome Oscillator indicator,and Stochastic Oscillator indicator showed the intersection of moving averages in the oversold range. Breaking through 103.08 will result the formation of an upward pattern 123.
Trading recommendations:
Buy above 103.08.
Stop Loss – 101.00.
Target levels – 105.00; 107.50; 108.80.
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