The overall trend is descending. The ascending truncated 5 sub-wave pattern has completed. There is a bearish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator have left the zone of the overbought conditions. The breach of the 0.6803 level will form the descending wave pattern. …
News for today, Friday, December 24:
In many markets the holiday period has already started. U.K., France, Poland and the Benelux countries’ markets are opened for the day. Euro was directionless at $1.1322, during the morning trade on European markets
Brent crude slid a little but is still on track …
#TKA. Industrial Sector.
The overall trend is ascending. The descending wave pattern is truncated. There is a bullish divergence on the Awesome Oscillator. The descending pattern has completed with a breach of the inclined channel.
Trading idea:
Buy when the ascending wave pattern is formed.
Stop loss is below the …
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