The pair declined significantly over the past week as the demand for risk assets falls, ahead of Joe Biden’s inauguration and the ECB monetary policy meeting. If the negative sentiment in the markets persists, the pair will be highly likely to resume decline.
Technical side:
The price is located …
#PLZL
The global trend is upward. Probably, an upward pattern of the D1 level is being formed, now the price is in the correction wave (B D1). Awesome Oscillator i shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is forming, …
The overall trend is downward. The ascending pattern of the H8 level is truncated. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overbought conditions.
monitor the price movement in real time.
Trading idea:
Sell when a descending wave pattern is formed, where …
Don't have your language?
