22.10.2020
The 29.50 resistance level is holding back buyers. An ascending truncated pattern has formed. Awesome Oscillator indicates a bearish divergence, while Stochastic Oscillator signals an overbought condition.
#HOG rate online: monitor the price movement in real time.
Trading recommendations:
Sell when a descending wave pattern has formed, where the wave (A) breaks through the inclined channel of the ascending truncated H1 level pattern.
Stop Loss beyond the resistance level 29.50.
Target levels: 27.20; 22.80.
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