There is nothing new about the movement of the pound sterling against the dollar, as it continues in the sideways path that tends to decline after it opened the week’s trading below the support level 1.3127. Therefore, there is an opportunity to continue the descending path towards the next support …
#FB
The general trend is descendant. The share is traded between 365 and 135 moving averages while testing 365 EMA. 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) …
The currency pair is traded in the flat’s lower border span. The descendant wave structure of M30 level is truncated. Awesome Oscillator indicates bullish divergence. The entering point on “on the rebound B” is forming.
Trading idea:
Buy when the ascendant wave structure forms, where the wave …
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