News of the day, Monday, June 6
European stocks are about to open higher on Monday as ECB is meeting soon to discuss monetary policy normalization. DAX futures traded 0.3% higher, CAC 40 futures were up 0.5%, and FTSE 100 futures climbed 0.7%.
The U.S. dollar decreased earlier today ahead …
#RWE
The general trend is ascendant. The share is traded inside the 365 and 135 EMA. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and moving levels of Stochastic Oscillator have escaped the oversold area.
Trading idea:
Buy when the ascendant wave structure forms, where the wave …
The general trend is ascendant. The descendant truncated wave structure of the H4 level has finished breaching the inclined channel. Awesome Oscillator indicates bullish divergence.
Trading idea:
Buy when level 0.9642 is breached.
Stop-loss: 0.9544.
Target levels: 0.9750; 0.9870.
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