The ascending wave pattern is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought conditions.
Trading idea:
Sell then the descending wave pattern is formed, where wave A breaches the inclined channel of the ascending truncated pattern.
Stop Loss is above the …
#DUK
The trend is descending. The stocks trade in the range of 365 and 135 EMA. The ascending internal wave pattern is truncated. There is a bearish divergence on the Awesome Oscillator.
Trading idea:
Sell when the descending wave pattern is formed, where wave A breaches the inclined channel of …
The descending wave patterns are truncated. There is a bullish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the oversold conditions zone. The inclined channel of the internal truncated pattern is breached.
Trading idea:
Buy when the bullish candlestick (timeframe M30) closes …
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