#IBE
The ascendant wave structure is truncated. Moving averages 365 and 135 signal descendant movement. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator shows overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where a wave (A) breaches the inclined channel of the ascendant truncated structure.
Stop-loss beyond …
The ascendant wave structure is truncated. The currency pair fluctuates between 365 and 135 moving averages. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the …
News of the day, Thursday, 10 March
The e-commerce giant Amazon has announced yesterday the 20-for-1 split of its shares and a $10 billion buyback plan. Amazon shares had increased by 7% in extended trading after the announcement came out. This is the first stock split by Amazon since 1999. …
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