The GBP/USD pair broke the resistance level 1.2590 and rose to the next resistance 1.2640, and it is currently trying to breach it and complete the bullish path.
The bullish movement of the price comes with positive support from the technical indicators, where the moving averages are pressing the price …
The EUR/USD pair reached the resistance level of 1.0750, therefore, the price is considered to have achieved the first target for the bullish movement, which is likely to extend to the next level at the value of 1.0830. As the price is moving steadily within an ascending path, within the …
#ABT
The trend is descendant. The ascendant truncated wave structure is traded between 365 and 135 moving averages. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trading idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant …
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