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Trading Idea for BASF SE (XETRA)

#BAS

The overall trend is upward. The descending wave pattern of the D1, H4 and H1 levels are truncated. The support level of 64.00 continues to hold back sellers. There is a bullish divergence on Awesome Oscillator, and Stochastic Oscillator indicator signals oversold conditions. A breakout of 65.75 will result …

GBPUSD analysis

The currency pair is trading in the range of 365 and 135 moving averages. Probably the descending wave pattern of the H1 level is a wave (B) of the ascending wave pattern of the H8 level. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator indicator signals oversold conditions. …

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