20.10.2020
The descending H2 level pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates an oversold condition.
AUDUSD rate online: monitor the price movement in real time.
Trading recommendations:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated H2 level pattern.
Stop Loss below the support level of 0.7008.
Target levels: 0.7150; 0.7235.
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