17.06.2020
The general trend is upward. The descending М30 pattern is truncated and is probably the wave (В Н1) of the ascending H1 level pattern. Awesome Oscillator indicates Bullish divergence, and Stochastic Oscillator signals oversoldness. Breaking 50% Fibo will result in the ascending M5 level pattern in frame of the wave (C) of ascending H1 level pattern.
Trading recommendations:
Buy above 1.2566.
Stop loss under truncated pattern: 1.2540.
Target levels: 1.2610; 1.2680; 1.2766.
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