The descending wave pattern is truncated. The supposed corrective pattern of the H4 level tested 50% of the Fibo of the wave (A D1?). A bullish divergence has formed at the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions.
NZD/CAD rate online: monitor the price movement in real time. …
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The overall trend is upward. The descending wave pattern is truncated. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending …
The pound sterling against the dollar maintained stability below the 1.3470 level, and rebounded downwards from there to resume the expected bearish path for the upcoming period. The way is open to visiting the 1.3355 level as the first target.
Therefore, we await more decline today, noting that breaking the …
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