The pair has formed a double top reversal pattern and the price is at the level of the "neck" line. If the demand for risky assets remains strong, the pair will complete this pattern by dropping further.
The price is below the middle Bollinger band, at SMA 5, but below …
The stock is trading in a downward corrective price channel. Bullish divergence has formed on the Awesome Oscillator indicator, and Stochastic Oscillator indicator signals oversoldness.
Trading recommendations:
Buy while the 123 pattern is forming, strictly above the upper limit of the descending price channel.
Stop Loss- 103.38 or local minimum. …
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