The general trend is ascendant. The descendant wave structure has finished breaching the inclined channel. The “start fractal” formed above 135 EMA. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when level 1.1097 is breached.
Stop-loss: 1.1044.
Target level: 1.1162.
Silver historical support level 21.43 restrains sellers. The reverse pattern Pin Bar with a false breach is forming. Awesome Oscillator indicates bullish divergence, and averages of Stochastic Oscillator have exited the oversold area.
Trading idea:
Buy at the session opening on Monday, if the pin bar preserves.
Stop-loss: 21.256.
Target …
The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The entry point on the B pullback is forming.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss …
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