#BABA
The descending wave pattern is truncated. Awesome Oscillator shows a Bullish divergence, while Stochastic Oscillator signals oversold conditions. The support level of 220.00 holds back sellers.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated …
Friday, April 9th, today’s news—European markets are mixed after retreating from record highs, Germany reports a rise in exports, but a drop in industrial output. Oil is trading steady, Treasury yields rise ahead of PPI, dollar rebounded form lows. The price of Brent oil is $63.25, WTI—$59.74, EUR/USD is at 1.1888, …
#CBK
The overall trend is upward. The support level of 5.020 is holding back sellers. The descending wave pattern is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks …
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