The currency pair is traded in the ascendant price channel span. The correction from the upside border is now visible. Stochastic Oscillator signals overbought conditions, which increases the probability of the correction to the bottom border of the price channel and the mirror level 11.5390.
Trading idea:
Buy from the …
The general trend is descendant. Bears have tested the bottom border of the descendant price channel. Stochastic Oscillator indicates oversold conditions, which points to a possibility of an ascendant movement to a top border of the descendant price channel and the mirror level 0.6590.
Trading idea:
Sell from the mirror …
#HEI
The general trend is descendant. Ascendant wave structures are truncated. Awesome Oscillator indicates bearish divergence, and Stochactic Oscillator signals overbought conditions. The share is traded between 356 and 135 moving averages.
Trading idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the pivot 2 …
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