#FRE
The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The entry point on the pullback B is forming.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure. …
The general trend is descendant. The currency pair is traded in the 365 and 135 moving averages span. 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 …
Gold prices rebounded from the support level of 1846.70 to the upside, after the decline that occurred at the end of last week as a result of the American news.
The price of an ounce is trading near the level of 1855.0.
The 20-58 moving average forms a support level …
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