EUR/CHF Trading Analysis (23/11/2023)
The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The sloping channel of the descending wave structure is truncated.
Trading idea:
Buy at the formation of the ascending wave structure.
Stop-Loss: 0.9612.
Target price level: 0.9680.
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