The descendant wave structure of H4 and H1 levels are truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss is below the local …
#ROG
The trend is descendant. The share is traded between 365 and 135 EMA. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator indicates overbought conditions.
Trading idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of …
News of the day, Tuesday, July 5
Gold fell by 0.2% yesterday to $1807 per ounce, over a softer dollar and prospects of higher interest rates.
The U.S. dollar edged lower today, with the DXY index down 0.1%.
Brent crude dropped today amid concerns over the possible recession. Brent crude …
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