The EUR/USD pair returned to decline after the strong rebound that was formed yesterday, and brought the price close to the resistance 1.0950, where the price is currently moving near the upper limit of the descending channel, to continue the bearish trend that dominates the price movement.
The price has …
#F
The share is traded between 365 and 135 upbound moving averages. The descendant structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The inclined channel of the descendant truncated structure is breached.
Trading idea:
Buy when 15.55 level is breached.
Stop-loss is under the …
Bears have tested the bottom border of the Ichimoku cloud forming a reverse pattern “pin bar”. Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant structure.
Stop-loss is under the local minimum of …
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