The pair sterling against the dollar rebounded strongly after touching the 1.3310 level, to trade above 1.3390 now, and starts today with more rise to head towards achieving expected gains in the upcoming sessions, and we suggest testing 1.3460 then 1.3525 levels as next positive stations.
Therefore, we expect to …
#F
The share fluctuates between 365 and 135 upbound moving averages. The descendant structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when the ascendant wave structure forms, where a wave (A) breaches through the inclined channel of the descendant wave structure. …
The ascendant wave structure is truncated. The Pin bar has formed on a timeframe D1. Awesome Oscillator indicates bearish divergence, and moving levels of Stochastic Oscillator are downbound from an overbought area. The inclined channel of the ascendant truncated structure is breached.
Trade idea:
Sell when 8.88050 …
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