The British pound against the dollar continues its bearish path after it succeeded in stabilizing below the 1.3180 level, thus increasing the chance of reaching the main support level 1.3000 within the upcoming period.
The moving averages support the descending path as it is within a negative formation above the …
#MUV2
The general trend is descendant. The share is traded between 365 and 135 moving averages. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined …
The general trend is ascendant. The descendant wave structure of H4 level is truncated. Awesome Oscillator indicates bullish divergence, 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 descendant truncated …
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