Aeroflot continues to move sideways below the support level 71.10 that it breached during the past week, confirming the break of this level, thus starting a bearish path.
Whereas, the price is moving below the averages level 20-50 after it managed to breach it this week, which is moving …
Thursday, March 4th, today’s news—global markets edge lower as bond yields fluctuate, and new earnings reports are released. Dollar is stronger, oil rises as OPEC+ countries are expected to stick with output cuts, Germany's Lufthansa posted record losses. The price of Brent oil is $63.49, WTI—$60.71, EUR/USD is at 1.2029, GBP/USD—1.3928, …
#CL
The overall trend is upward. A Bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicates oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.
Stop Loss under the local minimum.
Target …
Don't have your language?
