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BTC/USD Trading Analysis (07/05/2024)

The trend is descending. The crypto coin is traded in the range between 365 and 135 ЕМА. The ascending wave structure has finished. There is bearish divergence on the Awesome Oscillator. The breach of the level 62651 will start formation of the descending wave structure.

Trading idea:

Sell at the breach of 62651.0.

Stop-Loss …

Valero Energy Trading Analysis (06/05/2024)

The trend is ascending. The stock is traded in the range between 365 and 135 moving averages. The downward inner truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.

Trading idea:

Buy at …

GBP/JPY Trading Analysis (06/05/2024)

The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward inner truncated wave structure finished. There is a bullish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the oversold state.

Trading idea:

Buy when the formation of the …

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