#ITX
The share is traded between 365 and 135 upbound moving averages. Bullish divergence is forming on the Awesome Oscillator. The descendant wave structure is truncated at the moment.
Trading idea:
Buy when the ascendant wave structure forms, when the wave (A) breaches through the inclined channel of the descendant …
The currency pair is traded in the descendant price channel’s upper border span. 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 …
The EUR/USD pair was unable to confirm breaking the resistance 1.0550, as it breached this level temporarily, but it failed to stabilize above it, then rebounded lower and exited the ascending channel and approached the support level of the 5th moving average 50. The target will be to reach the …
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