#JNJ
The general trend is ascendant. The descending 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 the inclined channel of the descending wave structure.
Stop loss below the local …
NZD index is traded along the support level of 67.10. The currency pair NZD/USD shows the descendant truncated wave structure of the H1 level testing the support level of 0.6701. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator shows oversold conditions.
Trade idea:
Buy on breaching 0.6728.
Stop loss below …
News for today, Friday, January 21
The World Bank has lent $750 million to South Africa to support economics in recovery from the pandemic. South Africa, the second economy on the continent, has been damaged hard by COVID. The virus has killed 94 000 people and raised unemployment to a …
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