The GBP/USD pair traded with noticeable negativity in the past sessions and made an attempt to break the 1.3525 level, and starts today with new negative attempts, while the EMA50 tries to protect the price from incurring more losses, in conjunction with the emergence of positive signs through the stochastic …
On the D1 timeframe the currency pair tests the upside boundary of the descendant price channel. The ascendant truncated wave structure of H2 level is finished with breaching through the inclined channel. Awesome Oscillator indicates bearish divergence.
Trade idea:
Sell when the secondary round level 1.2480 is breached.
Stop-loss — …
#MKS
The general trend is ascendant. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence. The share fluctuates between 365 and 135 moving averages.
Trade idea:
Buy when the ascendant wave structure forms, where a wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss …
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