#BMW
The overall trend is upward. The descending pattern of the H1 level is truncated. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals an oversold condition.
Trading recommendations:
Buy when an ascending wave pattern is formed, where the wave (aC) breaks through the inclined channel of the descending …
The pair shows a local downward reversal ahead of the ECB’s monetary policy meeting today. The regulator is expected to expand stimulus measures by 500 billion euros, which may support the local stock market and put pressure on the single currency.
Technical side:
The price is below the middle …
The overall trend is downward. The currency pair is trading in the range of the upper limit of the descending price channel. A breakout of the support level of 1.7175 will result in the formation of a descending wave pattern within the wave C of an H2 level descending …
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