The GBP/USD pair continues its downward movement within the channel shown in the chart, after it breached the support level 1.3090 and settled below it. Therefore, the opportunity is available to complete the descending path and reach the lower limit of the channel, which is the next target for the …
#CCI
The trend is descendant. The security is fluctuating between 365 and 135 moving averages. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence.
Trade idea:
Sell when the descendant wave structure forms, where a wave (A) breaches through the inclined channel of the ascendant truncated structure.
Stop-loss …
The general trend is ascendant. The descendant wave structure is truncated. The currency pair is fluctuating between 365 and 135 moving averages. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when the ascendant wave structure forms, where a wave (A) breaches …
Don't have your language?
