01.04.2021
#HAL
The medium-term trend is upward. The hammer pattern has formed on the W1 timeframe, which also signals a likely upward movement. The inclined channel of the descending pattern is broken. Breaking through the round secondary level of 21.80 will result in the formation of an ascending pattern of 1-2-3. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
Trading Idea:
Buy above 21.80.
Stop Loss under the round important level of 20.00.
Target: 24.50.
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