FX.co ★ kavon.collins | Game of Life: Visionary Insights into the Forex Market!
Game of Life: Visionary Insights into the Forex Market!
Pair EURUSD M5: 1 - The Euro on the 5-minute chart is attempting to break out towards the upper band. To confirm a stronger signal for a price increase, it is advisable to wait for an active breakout above the upper band. Then, assess whether both bands will expand outward or if there will be no reaction. 2 - The Awesome Oscillator indicator has started to show active fading in the negative zone. If we observe a crossover through zero and active growth in the positive zone shortly, we will receive a stronger signal for a price increase. To signal a continuation of the downward movement, we need to see active growth in the negative zone. 3 - A buying entry point can be considered from the level of 1.07066. Price growth with an active breakthrough and consolidation can be expected up to the levels of 1.07169. 4 - A selling entry point can be considered from the level of 1.06889. Price decline can be expected down to the level of 1.06826.
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