Gold price rebounded upwards after testing the support floor 1830.00, to keep the bullish trend scenario valid and effective on the intraday term, organized within the bullish channel that appears on the image, waiting to visit the level of 1860.00 mainly.
The moving average 50 continues to support the suggested …
The British pound against the dollar is trading below the broken neckline of the double top pattern, to keep the negative pressure valid for the upcoming period, noting that the targets of the negative pattern cross 1.3530 to reach 1.3460 then 1.3400.
Therefore, the bearish trend will remain dominant over …
#JNJ
The general trend is ascendant. The descending wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when the ascendant wave structure forms where the wave (A) breaches the inclined channel of the descending wave structure.
Stop loss below the local …
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