15.02.2021
#PG
The overall trend is upward. The bears are facing a price pivot zone of 127.40, which continues to hold back their onslaught. A pin bar has formed on the daily timeframe D1. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy on the breakout of 127.94.
Stop Loss under 126.57.
Target levels: 130.10; 134.80; 141.00.
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