The overall trend is downward. The ascending wave pattern is truncated. A bearish divergence has formed on Awesome Oscillator, and the moving averages of Stochastic Oscillator are directed downwards from the overbought zone.
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Trading idea:
Sell when a descending …
The pair remains under pressure amid the stronger US dollar due to the growth of expectations for an earlier increase in interest rates. which suggests the Fed. If the inflation data presented today shows growth above expectations – this will support the dollar again.
Technical side:
The price is …
#BRK.B
The overall trend is upward. The inclined channel of the descending pattern is broken. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator has formed a bullish divergence, and Stochastic Oscillator signals oversold conditions. Breaking through 251.85 (the start fractal) will result in …
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