#SWN
The "flag" trend continuation pattern is forming. Mirror level 6.40 is restraining the sellers. A bullish divergence forms on the Awesome Oscillator indicator, and the Stochastic Oscillator is signaling oversold.
Trading idea:
Buy on a breakout of 6.65.
Stop Loss: 6.40.
Target levels: 6.91; 7.46.
The support level of 83.44 restrained the sellers. A downward truncated structure was formed, which was completed by the breakdown of the sloping channel. The Awesome Oscillator indicator has bullish divergence. An entry point "on the pullback B" is formed.
Trading idea:
Buy on the formation of an upward wave …
Oil prices rose today as supply concerns triggered a bounce from multi-month lows. Brent crude futures rose 0.1%, and WTI crude futures rose 0.2%.
Key tickers:
Brent: 96.27 — strong sell.
WTI: 90.41 — strong sell.
NG: 8.277 — сильный тренд на покупку.
The U.S. …
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