The general trend is ascendant. The double bottom multi-candle figure is likely to form. When the support level 159.50 is tested, bullish divergence will preserve as the histogram bars are very high, and the moving levels of the Stochastic Oscillator will move to an oversold area.
Trading idea:
Buy from …
The general trend is descendant. The currency pair is trading inside the descendant price channel span near to its upper border and the round secondary level 1.0420.
Trading idea:
Sell from the upper border of the descendant price channel — 1.0420.
Stop-loss is over the round intermediate level 1.0450.
Target …
#FRE
The general trend is descendant. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence. The share is trading between 365 and 135 downbound moving averages.
Trading idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant truncated …
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