Schedule "XO" step of 0.50%:
On the senior chart, we observe an exclusively upward trend.
Shares are traded in an upward wave of the uptrend, which indicates the strength of buyers.
The relative strength index is in the column "X", which indicates the bull pressure.
Continuation of the upward movement and overcoming the resistance level of 0.735 will signal a double top to buy.
The initial target for buyers will be at the mark of 0.75, with the approach to which it is recommended to close 1/2 of the total volume of long positions.
The main target is the resistance zone in the area of 0.77.
The point of protective suspension is the minimum fluctuation of 0.7170.
Trading recommendations:
Purchases are recommended only after overcoming the resistance level of 0.735.
