05.02.2020
The support level of 1.1033 holds back sellers. A descending truncated pattern of the H1 level has formed, which is probably a correction of the ascending pattern of the H4 level. Stochastic Oscillator indicator signals oversoldness.
Trading recommendations:
Buy while an ascending pattern is forming, where the wave (aC) breaks through the inclined channel of the descending truncated pattern of the H1 level. Buy as the top (aC) is breached.
Stop дoss under the support level 1.1033.
Target levels: 1.1080 (closing of the current order and transfer to breakeven); 1.1120.
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