The pound sterling against the dollar ended yesterday's trading with a noticeable positivity to settle above 1.3390, to notice that it recorded a bullish bottom that supports chances of achieving more expected gains in the upcoming sessions, on its way to achieving positive targets that start at 1.3460 and extend …
#DHR
The overall trend is ascendant. The descending wave pattern is truncated. There is a bullish divergence on the Awesome Oscillator, and Stochastic Oscillator signal the oversold conditions. The inclined channel of the descendant pattern is breached. The breaking of 279.50 will form the ascending wave pattern.
Trading idea:
Buy …
The support level of 91.00 holds back the buyers. The ascending wave pattern is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought conditions.
Trading idea:
Sell when the descending wave pattern is formed, where the wave (A) breaches …
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