The overall trend is downward. Ascending pattern of the H12 and H4 levels are truncated. Awesome Oscillator shows a bearish divergence, while Stochastic Oscillator signals overbought conditions.
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Trading idea:
Sell when a descending wave pattern is formed, where the …
#AEE
The overall trend is upward. The descending pattern of the H4 level is truncated. A bullish divergence has formed 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 …
The pair shows again the probability of a local downward turn due to the continued consolidation dominance period in the market, which may cause a decline.
Technical side:
The price is located below the middle Bollinger band, above SMA 5, but below SMA 14. RSI is above the 50% …
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