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Trading idea for Bayerische Motoren Werke AG (XETRA)

#BMW
The overall trend is upward. There is a bullish divergence on Awesome Oscillator, and the Stochastic Oscillator signals oversold conditions. The inclined channel of the descending pattern (the upper limit of the descending price channel) is broken.

Trading idea:
Buy on the breakout of 83.82 (when an ascending wave …

GBPCAD analysis


The ascending wave pattern ended with the breakout of the inclined channel. The Stochastic Oscillator signals overbought conditions. Breaking through the support level of 1.7387 will form a descending wave pattern within the wave (C) of the descending pattern of the H4 level.

monitor the price …

Gold analysis

Gold futures contracts fluctuated in a narrow range tilted to the downside during the Asian session, to witness its rebound from its highest since August 6, amid the rebound of the US dollar index for the second session from its lowest since the same day, according to the inverse relationship …

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