#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.
News of the day, Friday, June 3
European stock indices opened higher today: the DAX traded 0.3% higher, Euro Stoxx 50 increased 0.25%, and the CAC40 added 0.2%.
Oil drops as OPEC+ announced to increase production soon. Today, WTI crude traded 1.15% down, and Brent crude dipped 1.05%.
As Chinese …
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