HG1! The Target Is DOWN! SELL!
My dear followers,
I analysed this chart on HG1!, and concluded the following:
The asset is approaching an important pivot point 3.8850
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Target - 3.8115
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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