The trading plan was drawn up using the modified wave analysis for the Smart Trading trading system.
Ameren Corp. (NYSE)
#AEE
The overall trend is upward. The stock trades in a range of 365 and 135 moving averages. The downtrend pattern ended with the breakout of the inclined channel (aC), …
Technical side:
The price is …
The 88.2% Fibo level remains unbreached, which means that the ascending H1 level pattern is a wave (B) of the descending H4 level pattern. Awesome Oscillator shows a Bearish divergence, while Stochastic Oscillator signals an overbought condition.
trade the GBPJPY currency pair.
Trading idea:
Sell on …
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