Daily reviews

The descending wave structures are truncated. Awesome Oscillator indicator shows bullish divergence, and Stochastic Oscillator indicator signals oversold. 

Trade Idea:

Buy on the formation of an ascending wave structure where wave (A) breaks the inclined channel of the descending truncated structure.

Stop Loss: 1.1211.

Target levels: 1.1300; 1.1350.

The ascending truncated wave structure ended with the breakdown of the inclined channel. The Awesome Oscillator indicator shows a bearish divergence, and the Stochastic Oscillator moving averages are out of the overbought zone. The stock is trading in the 365 and 135 moving averages range.

Trading idea:

Sell on a …

The trend is ascending. The currency pair is trading within the range of 365 and 135 moving averages. The descending wave structure is truncated. The Awesome Oscillator indicator shows bullish divergence, and the Stochastic Oscillator indicator signals oversold.

Trade idea:

Buy on the formation of an upward wave structure where …

The trend is descending. The currency pair is trading in the range of 365 and 135 moving averages. The ascending wave structure is truncated. Awesome Oscillator indicator shows bearish divergence, and Stochastic Oscillator indicator signals overbought.

Trading idea:

Sell on the formation of a downward wave structure, where wave (A) …

The trend is ascending. The currency pair is trading within the range of 365 and 135 moving averages. The descending wave structure is truncated. The Awesome Oscillator indicator shows bullish divergence, and the Stochastic Oscillator indicator signals oversold.

Trade idea:

Buy on the formation of an upward wave structure where …

The resistance level of 1.1257 curbs the buyers. The ascending wave patterns are truncated. Awesome Oscillator indicator shows bearish divergence.

Trade idea:

Sell on the formation of a downtrending wave structure where wave (A) breaks the inclined channel of the ascending truncated structure.

Stop Loss behind the resistance level of …

#OXY

The trend is ascending. The stock is trading in the 365 and 135 moving averages range. The descending wave structure is truncated, and the Awesome Oscillator indicator shows bullish divergence. 

Trading idea:

Buy on the formation of an ascending wave structure where wave (A) breaks the descending truncated structure's …

The descending wave structures are truncated. The Awesome Oscillator indicator displays a bullish divergence, and the Stochastic Oscillator indicator signals oversold. A reversal wave pattern is likely to be formed.

Trading idea:

Buy on the formation of an ascending wave structure, where wave (A) breaks the pivot 2 of wave …

#MCD

The ascending internal truncated wave structure has ended with a breach of the inclined channel. The Awesome Oscillator indicator shows bearish divergence, and the Stochastic Oscillator indicator signals overbought. 

Trading idea:

Sell on a breakout of 257.46.

Stop Loss: 261.08.

Target levels: 253.50; 252.55.

A resistance level of 166.28 held the buyers back. The ascending truncated wave structure has ended with the breach of the inclined channel. The Awesome Oscillator indicator shows bearish divergence, and the Stochastic Oscillator indicator signals overbought.

Trading idea:

Sell on a breakout of 165.13.

Stop Loss over resistance level: …