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Freeport-McMoRan Trading Analysis (18/07/2024)

The trend is upward. The stock is trading in the range between 365 and 135 EMA. The down-sloping wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.

Trading idea:

  • Buy when the formation of the ascending wave structure …
USD/JPY Trading Analysis (18/07/2024)

The general trend is ascending. The downward inner truncated wave structure has finished. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.

Trading idea:

  • Buy at the breach of 156.590.
  • Stop-loss at 155.360.
  • Price targets at 158.200 and 161.730.


#usdjpy #forex #forextrading #tradersroom #daytradingpatterns …

McDonald's Trading Analysis (17/07/2024)

The trend is down. The stock is trading in the range between 365 and 135 EMA. The ascending wave structure are 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 …
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