The overall trend is downward. The currency pair trades in the range of 365 and 135 moving averages. The ascending wave pattern of the H2 level is truncated. The Awesome Oscillator shows a bearish divergence. A “start fractal” was formed under the 135 moving average, followed by a “signal …
#DIS
The overall trend is upward. The descending wave patterns are truncated. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern. …
News for today, November 1st:
European stock markets are expected to open slightly higher on Monday. Investors are encouraged by overall positive corporate earnings but are wary of the week ahead, when the Federal Reserve Board meets. This event will be the main focus this week, as it is expected that …
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