Friday, March 5th, today’s news—the Fed's chair Jerome Powell predicts a temporary rise in inflation and intends to maintain easy monetary policy. Global markets are down as bond yields rise, dollar is stronger, investors await job data in the US, oil is at a 14-month high on OPEC+ extending the …
#ADBE
The overall trend is upward. The descending wave pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates oversold conditions.
Trading idea:
Buy when an ascending wave pattern has formed, where the wave (A) breaks through the inclined channel of the descending pattern.
Stop …
The overall trend is upward. The currency pair is trading in the range of the lower limit of the ascending price channel. The descending pattern is truncated. A Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.
monitor the price movement in …
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