My dear followers, I analysed this chart on NG1!, and concluded the following: The instrument tests an important psychological level 2.731 Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Target - 2.857 Safe Stop Loss - 2.661
About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
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