The resistance level of 1.1257 curbs the buyers. The ascending wave patterns are truncated. Awesome Oscillator indicator shows bearish divergence.
Trade idea:
Sell on the formation of a downtrending wave structure where wave (A) breaks the inclined channel of the ascending truncated structure.
Stop Loss behind the resistance level of …
#OXY
The trend is ascending. The stock is trading in the 365 and 135 moving averages range. The descending wave structure is truncated, and the Awesome Oscillator indicator shows bullish divergence.
Trading idea:
Buy on the formation of an ascending wave structure where wave (A) breaks the descending truncated structure's …
The descending wave structures are truncated. The Awesome Oscillator indicator displays a bullish divergence, and the Stochastic Oscillator indicator signals oversold. A reversal wave pattern is likely to be formed.
Trading idea:
Buy on the formation of an ascending wave structure, where wave (A) breaks the pivot 2 of wave …
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