The pair sterling against the dollar is stabilizing around the resistance 1.3060 after the bullish rebound movement from the 1.3000 support level that occurred during the past two days. Therefore, there is a chance to rise, provided that the 1.3060 level is breached.
With attention to the continuation of the …
#MCD
Bulls tested the mirror level 257.80. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trading idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant truncated structure.
Stop-loss: 257.80.
Target …
The general trend is ascendant. Bears tested the support level 10.2180. Awesome Oscillator indicates bullish divergence. The descendant wave structure is truncated.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss: 10.2180.
Target levels: 10.4000; …
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