The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when the ascendant wave structure forms.
Stop-loss: 0.9579.
Target levels: 0.9691; 0.9989.
News of the day, Wednesday, June 22
Oil prices lost more than $5 a barrel today as U.S. President Biden pledged to bring down fuel costs. WTI crude futures were down 5.46%, and Brent crude futures slid by 4.95%.
Asian stocks slipped on Wednesday amid persistent worries about monetary policy …
#ITX
The share is traded between 365 and 135 upbound moving averages. Bullish divergence is forming on the Awesome Oscillator. The descendant wave structure is truncated at the moment.
Trading idea:
Buy when the ascendant wave structure forms, when the wave (A) breaches through the inclined channel of the descendant …
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