#CRM
The overall trend is upward. The descending wave pattern is truncated. Awesome Oscillator shows bullish divergence, while Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending wave pattern.
Stop loss under …
The pair found support at 1.2125 and may continue its upward trend, despite a drop in investor interest in buying company shares amid negative signals on the US economy, which indicate that there are objective risks of its weaker recovery than previously expected.
Technical side:
The price is located …
Gold price approached the level of 1847.00, but bounced back down to settle below 1838.00, noting that the stochastic indicator is getting rid of its negative momentum significantly, waiting for the price to stimulate the resumption of the main bullish trend, which extends its next target to 1865.00.
The …
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