23.01.2020
The round secondary level of 0.6580 holds back sellers. A descending truncated pattern of the H12 level was formed, the wave (C) of which also has a truncated pattern of the H4 level. Stochastic Oscillator signals oversoldness.
Trading recommendations:
Buy while an ascending structure is forming, where the wave (A) breaks through the inclined channel of the descending truncated pattern of the H4 level.
Stop loss under the round secondary level of 0.6580.
Target levels: 0.6620; 0.6650; 0.6680.
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