The GBP/USD pair continues its bearish path after testing the resistance level 1.3180 and failing to breach it, to rebound lower towards the 1.3127 support and breach it in an attempt to confirm the bearish path that was formed previously by breaking the 1.3180 level during the past week.
The …
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The ascendant wave structure is truncated. Awesome Oscillator indicates bearish trend, and Stochastic Oscillator signals overbought conditions. The share is traded between 365 and 135 moving averages.
Trade idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant truncated …
The general trend is ascendant. The currency pair is traded between 365 and 135 moving averages. Awesome Oscillator indicates bullish trend, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the …
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