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ExxonMobil Trading Analysis (02/12/2024)

The trend is ascending. The stock is trading in the range between 365 and 135 EMAs. The downward truncated wave structure ended with the breach of the descending channel. There is a bullish divergence on the Awesome Oscillator and the Stochastic Oscillator signals an oversold condition. The breach of 118.50 will start the …

GBP/USD Trading Analysis (02/12/2024)

The trend is down. The currency pair is trading in the range between 365 and 135 ЕМАs. The ascending five-wave truncated structure ended with the break of the pivot 2 of wave 5. There is a bearish divergence on the Awesome Oscillator.

Trade idea:

  • Buy on the breach of 1.2678.
  • Stop-loss at …
BYD Trading Analysis (29/11/2024)

The trend is ascending. The downward inner truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Trading idea:

  • Buy at the breach of 254.80
  • Stop-loss at 247.80.
  • Price targets at 265.20 and 294.20. …
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