Friday, August 17th, today’s news — the China Market Regulatory Authority has submitted a new draft of rules aimed at stopping unfair competition on the Internet, which in turn puts a lot of pressure on the IT sector. Crude oil continues to drop. The price of Brent oil is $69,11 …
#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 …
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 …
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