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ConocoPhillips Trading Analysis (12/08/2024)

The trend is descending. The stock is trading in the range between 365 and 135 ЕМА. The upward wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.

Trading idea:

  • Sell when the formation of the downward wave structure begins, when …
AUD/USD Trading Analysis (12/08/2024)

The trend is descending. The currency pair is trading in the range between 365 and 135 ЕМА. The ascending truncated wave structure finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator.

Trading idea:

  • Buy at the breach of 0.6564.
  • Stop-loss at 0.6606.
  • Price …
AUD/CHF Trading Analysis (09/08/2024)

The trend is descending. The currency pair is trading in the range between 365 and 135 ЕМА. The upward wave structure is truncated. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought condition.

Trading idea:

  • Sell when the formation of the descending wave structure begins, when the …
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