The GBP/USD pair started the bearish movement after it managed to breach the support level 1.3127 and reached the next target 1.3070. Therefore, the opportunity exists for the continuation of the descending path towards the next support 1.3000, as the price's success in stabilizing below the 1.3180 level increases the …
#MCD
The trend is descendant. The share is traded within the upper border of the descendant price channel. Awesome Oscillator indicates bearish trend, and Stochastic Oscillator signals overbought conditions. The inclined channel of the ascendant wave structure is breached.
Trading idea:
Sell when the 242.27 is breached.
Stop-loss: 251.30.
Target …
The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish trend, and Stochastic Oscillator signals oversold conditions.
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss is under the …
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