#SO
The overall trend is upward. The descending wave patterns are truncated. The support level of 61,50 holds back the sellers. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions. The inclined channel of the truncated descending internal pattern is breached.
Trading idea: …
The descending wave patterns are truncated. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions.
EUR/NZD rate online: the price movement in real time.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined …
Gold price is trading above 1860.00, which keeps the bullish trend scenario valid and effective for the upcoming period. It is also supported by the EMA50 that carries the price from below. The price is waiting to head towards 1900.00, our next main target.
The current negativity of the stochastic …
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