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Trading idea for Colgate-Palmolive Company (NYSE)

#CL

The overall trend is upward. The descending pattern is truncated.  Awesome Oscillator shows a bullish divergence, while 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 pattern.

Stop loss under the …

EURNZD analysis

On the W1 timeframe, the currency pair is in the range of the lower border of the ascending price channel. On TF H1, the round intermediate level of 1.6550 is holding back sellers. The descending pattern of the H2 level is truncated. A bullish divergence is formed  Awesome Oscillator, …

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