#BA
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The descending wave pattern is truncated and the inner (red) descending pattern is truncated. The Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when …
The overall trend is downward. The currency pair is trading in the range of 365 and 135 moving averages. The ascending pattern of the H2 level is truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.
: monitor the price movement in …
The pair remains in a short-term uptrend. It continues to grow in the wake of the US dollar fundamental weakness due to various stimulus measures and the FED’s ultra-soft monetary policy. This growth will continue in the short term.
Technical side:
The price is located at the level of …
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