#DAL
The share is traded in the upper border of the descendant price channel. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence.
Trading idea:
Sell after the 4-hour candle closes below the local minimum (39.85) of the last bullish impulse candle.
Stop-loss is over the local maximum …
The general trend is descendant. The ascendant wave structures are truncated. 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 pivot 2 of the wave С (1.7574).
Stop-loss is …
News of the day, Wednesday, April 13
Inflation in the U.K. edged to an annual rate of 7% in March. Consumer prices increased by 1.1% month-on-month, exceeding the expected rate by 0.7%. The 7% annual rise is the biggest increase in the consumer price index since March 1992. The U.K. …
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