08.09.2021
#BAS
The overall trend is upward. The descending wave pattern of the D1, H4 and H1 levels are truncated. The support level of 64.00 continues to hold back sellers. There is a bullish divergence on Awesome Oscillator, and Stochastic Oscillator indicator signals oversold conditions. A breakout of 65.75 will result in the formation of an ascending wave structure.
Trading idea:
Buy on a breakout of 65.75.
Stop Loss: 64.00.
Target levels: 67.24; 69.20; 72.73.
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