#DPW
The general trend is ascendant. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The inclined channel of the descendant truncated structure is pierced.
Trade idea:
Buy when price breaches through 54.41.
Stop Loss – 53.00.
Target levels: 57.74; 61.15.
The descendant wave structure of M30 level is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when an ascendant wave structure starts forming, where a wave (A) pierces the inclined channel of the descendant truncated structure of M30 level.
Stop Loss below a …
News for today, Thursday, January 20
Oil prices continue to hover near to 2014 level following supply disruptions and strong demand. This week has been quite eventful for the oil industry: it all started with Yemen’s Houthi group attacking the UAE, then followed up with an incident on the Kirkuk-Ceyhan …
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