The British pound against the dollar is consolidating above the 1.3525 level and presenting more positive trades, to continue suggesting the bullish trend on the intraday term, waiting for more rise to test the 1.3610 level, which represents the next positive target.
The breach of the mentioned level will push …
The general trend is descendant. The ascendant wave structure is 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 wave (A) breaches through the inclined channel of the ascendant truncated structure.
Stop-loss is …
#BMW
The general trend is ascendant. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The descendant wave structure is truncated.
Trade idea:
Buy when the ascendant wave structure forms, where a wave (A) breaches through the inclined channel of the local truncated structure.
Stop-loss below the local …
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