The trend is descending. The currency pair is traded in the range between 365 and 135 ЕМА. The ascending truncated wave structure finished with the breach of the sloping channel. There is bearish divergence on the Awesome Oscillator.
Trading idea:
Buy at the breach of 7.2200.
Stop-Loss at 7.2346.
Target price levels at 7.2050 and 7.1890. …
The trend is ascending. The stock is traded in the range between 365 and 135 moving averages. The descending wave structures are truncated. There is bullish divergence on the Awesome Oscillator.
Trading idea:
Buy when the formation of the upward wave structure begins, when the wave A breaches the sloping channel of the descending …
The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward inner truncated wave structure finished with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator.
Trading idea:
Buy at the breach of 16.940.
Stop-Loss at 16.823.
Target price levels …
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