The currency pair is in the range of 365 and 135 EMAs directed downward. The ascending wave structure is truncated. Awesome Oscillator indicator shows bearish divergence, and Stochastic Oscillator signals overbought.
Trading idea:
Sell on the formation of a downward wave structure, where wave (A) breaks the inclined channel of the …
Brent Crude
#BRN
EU countries plan to postpone the Russian oil price cap amid controversy. Analysts at JPMorgan are confident that the price of Brent oil will reach $101 a barrel in the 4th quarter of this year.
The descending wave structure is truncated. The Awesome Oscillator indicator shows bullish …
The descending wave structures are truncated. Awesome Oscillator indicator shows bullish divergence, and Stochastic Oscillator indicator signals oversold.
Trade Idea:
Buy on the formation of an ascending wave structure where wave (A) breaks the inclined channel of the descending truncated structure.
Stop Loss: 1.1211.
Target levels: 1.1300; 1.1350.
Don't have your language?
