Technical:
(1) Double Wave Down
(2) 38% weekly to monthly retracement confluence with double wave
(3) All trenlines are facing up
(4) moving average support
(5) Still above the 200 moving average
(6) oversold market in the stochastics, MACD and RSI
(1) Double Wave Down
(2) 38% weekly to monthly retracement confluence with double wave
(3) All trenlines are facing up
(4) moving average support
(5) Still above the 200 moving average
(6) oversold market in the stochastics, MACD and RSI
Trade active:
This is a good buying opportunity.
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
