The GBP/USD pair was able to breach the resistance level 1.3180 and started in a strong bullish path, and reached the next target at the 1.3280 level, thus achieving the first target of the ascending path.
Stability in the movement above the level of 1.3180 is an important condition for …
#CS
The trend is descendant. The share is fluctuating between 365 and 135 moving averages. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel …
The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss: 10.3561. …
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