The trend is ascending. The stock is trading within a range of 365 and 135 EMAs on the H1 timeframe. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator and the Stochastic Oscillator's moving averages have exited the oversold zone.
Trade idea:
The trend is descending. Gold is trading within the 365-135 EMA range. The ascending wave structure has been truncated. There is a bearish divergence on the Awesome Oscillator. An entry point is forming at the truncated C.
Trade idea:
The trend is ascending. The stock is trading within the 365-135 EMA range. The descending wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates an oversold condition.
Trade idea:
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