As we can see on the chart the price is approaching a strong weekly resistance (the red horizontal line), the 55 stochastic is telling us the price need to retrace a bit before decide what direction it will take. Wait for the fake breakout of the resistance (13488,51) then entry short direction.
SL: 13598,59
TP: 12777,04
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The price is just been rejected by weekly resistance, the daily Friday candle just completed a break in after the resistance was broken by a fake breakout, the 55 stochastic is pointing down and seem ready to get out overbought zone.
Entry:72,057
SL:73,089
TP:68,959
The price is just been rejected by a strong weekly resistance, the 55 stochastic is pointing down and seem ready to get out overbought zone, we expect price will reach the level 0,64371 in the next few days.
Entry:0,66645
SL:0,67642
TP:0,64371
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Price is now on a strong weekly support zone, the 55 stochastic is pointing up and seem ready to get out oversold zone.
once the price will break back in the green line we can open a buy.
ENTRY: 108,267
SL:107,814
TP:109,450
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Oil price has just react to an important weekly resistance and now seem ready to drop, the 55 stochastic seem ready to get out overbought zone and there is even an hide divergence of stochastic and price.
ENTRY:62,97
SL:67,99
TP:52,05
Price has just react to an important weekly support and now seem ready to rally up! the 55 stochastic seem ready to get out oversold area.
ENTRY:1,29946
SL:1,28741
TP:1,33361
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As we can see on the chart the price has just been rejected by a strong weekly resistance, the 55 stochastic has just exit by overbought zone, we expect price to reach 115,976 in the next few days.
Entry:120,629
SL:122,815
TP:115,976
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The Chart is suggesting us a possible short opportunity, the price is just on a strong resistance (red horizontal line), the 55 stochastic is in overbought zone and has starting point down side.
Best entry situation: wait the fake breakout of resistance and then entry at 0,87557.
SL: 0,89070
TP: 0,82043
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Gold Price has just react on a strong resistance (1515.365) and now seem ready to drop till the next support (1494.120)
the 55 stochastic is in overbought area in 4hr chart and daily as well.
Entry:1513,840
SL:1517,806
TP:1494,469
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The price is forming a break in on the red trend line, if the 4hr candle will close below the red trend line there will be a good probability the price will reach the green trend line.
The 55 stochastic is in overbought area and has start pointing down.
Entry:1,11882
SL:1,12187
TP:1,10742
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