#MCD
Bears tested the support level of 261.20. The descending truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the breach of 265.20;
Stop-loss: 261.20;
Target price levels: 269.50, 275.20.
The trend is ascending. The formation of the descending truncated wave structure has finished, the price is currently in the range between 365 and 135 ЕМА. There is a bullish divergence on …
The pair is traded in the whereabouts of the lower trend border. The descending wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading …
Don't have your language?
