The blue trendlines indicate the countinuation of an uptrend.
The fast 20 EMA is expected to cross the mid 50 EMA in the next few candles.
It is now trading above the Resistance of 1.23
TP1 1.27 is within reach should the momentum be sustained.
Indicators are positive.
Was downtrend since 1.30.
A series of LH and LL indicate that it's heading south.
Seems like unable to break the Parallel Channel. Might pullback, maybe reach bottom of Parallel Channel around 1.09 (approximately 10%). Protect downside (a.k.a. capital).
Talking abt history in share trading will makes us look like god, more important is future.
Disclaimer:...
OSK - Up momentum
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(Disclaimer: for demonstrate own planned trade records study only and education purpose, not for recommend to buy or sell. Trade at your own risk)
