#TKA
The overall trend is upward. The descending wave pattern is truncated. A bullish divergence has formed on Awesome Oscillator. Breaking through the resistance level of 8.95 will result in the formation of an ascending wave pattern, where the wave (A) has broken through the inclined channel of the descending truncated …
The overall trend is downward. The ascending wave pattern is truncated. There is a bearish divergence on Awesome Oscillator, and Stochastic Oscillator signals overbought conditions.
monitor the price movement in real time.
Trading idea:
Buy when a descending wave pattern is formed, where wave (A) breaks …
The Australian dollar against the US dollar pair provided positive trading yesterday, to test the pivotal resistance 0.7375, and keeps its stability below it so far, to keep the bearish trend scenario active on the intraday and short term, supported by the negativity of the stochastic indicator, waiting to visit …
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