#AEP
The overall trend is upward. Descending wave. Awesome Oscillator indicator shows a bullish divergence, while 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 pattern.
Stop loss under the local minimum …
The pair partially recovered on Monday after dropping on Friday amid the renewed demand for company shares and expectations of the negative content of Jerome Powell's speech to Congress on Tuesday.
Technical side:
The price is located below the middle Bollinger band, below SMA 5, but above SMA 14. …
The currency pair is trading in the range of the upper limit of the flat zone. The ascending wave pattern of the H4 level is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.
: monitor the price movement in real time. …
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