#CCI
The general trend is ascending. The descending wave pattern is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. Mirror level 181.42 restrains sellers.
Trading idea:
Buy when the ascending wave is formed, where the wave (A) pierces the inclined channel of the descending truncated pattern.
Stop …
The general trend is ascending. The currency pair is traded between 365 and 135 moving averages. The descending truncated wave structure of the H2 level has finished piercing the inclined channel. Start fractal has formed above 135 EMA. Awesome Oscillator indicates bullish divergence, and the moving averages of the Stochastic Oscillator have left the …
The pound sterling against the dollar traded significantly lower in the past sessions to test the pivotal support 1.3660 and kept its stability above it, accompanied by the emergence of positive signs through the Stochastic Indicator. The indicator is waiting to motivate the price to resume the bullish trend that is …
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