#INTC
The descendant wave structure is truncated. The historic level 42.00 formed in 2018 restrains sellers. Awesome Oscillator indicates bullish divergence.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss is below the local minimum …
News of the day, Wednesday, May 18
Iran: sanctions over Russian crude export opened the market for Iranian oil.
Goldman Sachs has lowered the Chinese 2022 GDP prognosis from 4.5% to 4%.
Finland’s Rehn suggests ECB will increase the interest rate in the summer.
Billy Markus, a Dogecoin co-founder: 95% …
The general trend is descendant. The currency pair is trading between 365 and 135 moving averages. The ascendant wave structure of the M30 level is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The pivot 2 of wave C is breached.
Trading idea:
Sell when the …
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