Bulls have tested the upper border of the descendant price channel on a daily timeframe. The ascendant structures of D1 and H4 levels are truncated at the moment. Awesome Oscillator indicates bearish divergence and Stochastic Oscillator signals overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where a …
News of the day, Friday, February 11
AstraZeneca is announced to become a component of NASDAQ-100 index replacing the Xilinx company there. AstraZeneca has reported 2021 results recently, showing a 41% income growth last compared to 2020. The income rise excluding the Covid-19 vaccine is 26%. In 2021, the company …
Gold price’s trading rebounded significantly after it completed forming a rising wedge pattern whose features appear in the chart above, which limited the recent trades, to start attacking the pivotal support 1825.15, which provides indications that the price is heading to achieve more expected decline in the upcoming sessions, on …
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