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Trading idea for Commerzbank AG (BM)

#CBK
The overall trend is upward. The descending wave pattern is truncated. There is a bullish divergence on Awesome Oscillator, and 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. …

EURGBP analysis


The overall trend is downward. The ascending wave pattern is truncated. A bearish divergence has formed on Awesome Oscillator. The inclined channel of the ascending truncated pattern is broken.

: monitor the price movement in real time.


Trading idea:
Sell when a descending wave pattern is …

EURUSD technical analysis

Today, the market is focused on data on the number of new jobs from ADP. They are expected to grow by 600,000. If the indicator value turns out to be higher than expected, this may lead to the local growth of the pair. At the same time, if it’s …

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