The pound sterling against the dollar fell strongly last Friday, breaking the 1.3720 level and reaching the first negative target at 1.3665. The price completed forming a double top pattern that supports the chances of achieving a more expected decline in the upcoming sessions, to surpass the current level and …
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. …
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