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IBM Trading Analysis (24/10/2023)

24.10.2023

Technical reviews

The trend is ascending. The downward wave structure is in the range between 365 and 135 ЕМА. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals oversold state.

IBM (international Business Machines) price chart as of 24/10/2023 with technical indicators

Trading idea:

Buy at the formation of the ascending wave structure when the A wave breaches the sloping channel of the …

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Natural Gas/USD Trading Analysis (23/10/2023)

23.10.2023

Technical reviews

The trend is ascending. Bears tested the mirror level of 2.840. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.

Natural Gas/USD chart as of 23/10/2023 with technical indicators

Trading idea:

Buy at the formation of the ascending wave structure when the A-wave breaches the sloping channel.

Stop-Loss: 2.840.

Target price levels: 3.120, 3.350. …

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CMS Energy Trading Analysis (20/10/2023)

20.10.2023

Technical reviews

The trend is descending. The stock is traded in the range between 365 and 135 ЕМА. The ascending five-headed wave structure has finished formation. There is bearish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the overbought zone.
 

CMS Energy corporation price chart as of 20/10/2023 with technical indicators

Trading idea:

Sell at the breach of …

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USD/CNH Trading Analysis (19/10/2023)

19.10.2023

Technical reviews

Bulls are testing the upper border of the accumulation zone. The uptrend wave structures are truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.


USD/CNH chart as of 19/10/2023 with technical indicators

Trading idea:

Sell at the formation of the descending wave structure, when the A-wave breaches the 7.3219 (pivot …

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AEP Trading Analysis (18/10/2023)

18.10.2023

Technical reviews

The trend is descending. The ascending wave structure is truncated. The stock is traded in the range between 365 and 135 ЕМА. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.

American Electric Power Company, Inc. (AEP) price chart as of 18/10/2023 with technical indicators

Trading idea:

Sell at the formation of the descending wave structure, where the A-wave breaches …

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USD/CHF Trading Analysis (17/10/2023)

17.10.2023

Technical reviews

The trend is ascending. The price is testing 200 ЕМА on the four-hours timeframe. The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
 

USD/CHF chart as of 17/10/2023 with technical indicators

Trading idea:

Buy at the formation of the ascending wave structure, where the A-wave breaches …

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Oxy Trading Analysis (16/10/2023)

16.10.2023

Technical reviews

The trend is descending. The stock is traded nearabout the upper border of the descending price channel. The upward wave structure is truncated. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
 

Occidental Petroleum price chart as of 16/10/2023 with technical indicators

Trading idea:

Sell at the formation of the descending wave …

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CAD/CHF Trading Analysis (13/10/2023)

13.10.2023

Technical reviews

The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the oversold zone.
 

CAD/CHF chart as of 13/10/2023 with technical indicators

Trading idea:

Buy at the formation of the ascending wave structure, when the A-wave breaches the sloping channel of the …

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Eaton Trading Analysis (12/10/2023)

12.10.2023

Technical reviews

The trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The ascending wave structure is truncated. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
 

Eaton price chart as of 12/10/2023 with technical indicators

Trading idea:

Sell at the formation of the descending wave structure, when the …

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GBP/JPY Trading Analysis (11/10/2023)

11.10.2023

Technical reviews

The trend is descending. The upward wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
 

GBP/JPY chart as of 11/10/2023 with technical indicators

Trading idea:

Sell at the formation of the downward wave structure, when the A wave breaches the sloping channel of the uptrend …

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