#FME
The share is traded inside the flat’s lower border span. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The inclined channel of the descendant truncated structure is breached.
Trading idea:
Buy when the 56.845 level is breached.
Stop-loss: 55.400.
Target …
The currency pair is traded inside the upper border of the descendant channel span. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trading idea:
Sell when the descendant ABC pattern forms, from the mirror level 1.0770.
Stop-loss is over the local maximum + 5 points filter.
Target …
News of the day, Friday, May 27
The U.S. dollar weakened today decreasing to a one-month low on rising expectations of the Federal Reserve's short-lived policy tightening cycle. The dollar index traded 0.2% lower earlier today.
Oil prices dipped today yet still holding near a two-month high, as tight supply …
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