- Stochastic Oscillator indicating pair is overbought
- Pair broke strong resistance and successfully retested, may be an indication that the uptrend will continue
Comment:
4-hr chart
- Stochastic Oscillator and RSI approaching overbought territory
- Possible double top
Comment:
- Since pair is not in consolidation, EMA STRATEGY on 1-hr chart may be used throughout the week
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- Possible double top