The pound sterling against the dollar continues its bearish movement after it managed to breach the support level 1.3127 and reached the next target 1.3070, where trading settled near it. The price's success in stabilizing below the 1.3180 level increases the chance of reaching the main support level 1.3000 within …
#AAP
The general trend is descendant. The share is traded between 365 and 135 moving averages. Awesome Oscillator indicates bearish trend, and Stochastic Oscillator signals overbought conditions. The ascendant wave structure is truncated.
Trading idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined …
The general trend is descendant. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The currency pair is traded between 365 and 135 moving averages.
Trading idea:
Sell when the descendant wave structure forms, where the wave (A) breaches …
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