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Trading idea for Commerzbank AG (BM)

#CBK

The overal trend is upward. The descending wave pattern is truncated and the inner descending pattern is also truncated. The Awesome Oscillator shows a Bullish divergence, while the Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy on the formation of an ascending wave structure, where wave (A) breaks through …

AUDNZD analysis

Descending wave pattern of the H2 level is truncated. The internal pattern of the M30 level is also truncated. The pivot of wave 2 (C) of the H2 level pattern is broken by the assumed wave A. A bullish divergence has formed on Awesome Oscillator. Stochastic Oscillator signals oversold …

Gold Analysis 11.06.2021

Gold futures contracts fluctuated in a narrow range tilted to the upside during the Asian session, to witness its rebound for the fifth session in six sessions from the lowest since May 19, amid the rebound of the US dollar index for the fourth session in six sessions from its …

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