Share continues with the upward movement, as the price is testing the resistance 340.85 after testing the support level of 330.70 to the downside and reaching the support level near the 50 SMA. Which is moving near the major support at 330.50.
The stochastic oscillator is on a downward path, …
#VOW3
The support level of 131.80 is holding back sellers. The descending pattern is truncated. Awesome Oscillator indicates a bullish divergence.
Trading recommendations:
Buy when an ascending wave pattern is formed, where the wave (a) breaks through the inclined channel of the descending truncated pattern.
Stop Loss at the local …
The currency pair is trading in the range of 365 and 135 moving averages. The inclined channel of the ascending truncated pattern is broken. Presumably, a descending wave pattern is being formed within the general downtrend.
monitor the price movement.
Trading recommendations:
Sell on the breakout …
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