#DTE
The resistance level 17.854 restrains buyers. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trading idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant truncated structure.
Stop-loss is over …
The general trend is ascendant. The descendant wave structures are truncated — the reverse wave model is forming. Awesome Oscillator indicates bullish divergence, and 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 …
News of the day, Thursday, 5 May
The Federal Reserve raised the interest rate by 0,5% yesterday. This hike was the biggest since 2000, as inflation has been soaring for a while now. Jerome Powell also mentioned that further inflation measures might cause “some pain”.
"In support of these goals, …
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