The GBP/USD pair managed to break the 1.3180 support level and settle below it, thus opening the way for a strong bearish movement towards the 1.2840 level in the medium term. The 20 EMA is pressing the price to complete the decline as it moves above the price near the …
#CHINAMOB
The trend is ascendant. The share trades in the range of 365 and 135 moving averages. There is a bullish divergence on the Awesome Oscillator, the Stochastic Oscillator signals the oversold conditions.
Trade idea:
Buy when the ascending wave pattern is formed, where the wave (A) breaches the inclined …
The descending wave pattern is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold conditions.
Trade idea:
Buy when the ascending wave pattern is formed, where the wave (A) breaches the inclined channel of the descending truncated pattern.
Stop-loss …
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