There is nothing new about the movement of the GBP/USD pair, as it continues its bearish path after testing the resistance level 1.3180 and failed to breach it, to rebound downwards towards the 1.3127 support and settle there in an attempt to breach it and confirm the bearish path that …
#FRE
The ascending wave structure is truncated. The share trades in the range of 365 and 135 moving averages aimed downwards. There is a bearish divergence on the Awesome Oscillator.
Trading idea:
Sell when the descending wave pattern is formed, where the wave (A) breaches the inclined channel of the …
The overall trend is ascendant. The pair trades in the range of 365 and 135 MO testing the 365 EMA. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signal the oversold conditions.
Trading idea:
Buy when the ascendant wave pattern is formed, …
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