The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The entry point at the pullback B with truncated C is forming.
Trading idea:
Buy at the formation of the ascending wave structures, when the wave A breaches the sloping …
The trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. The entry point at the pullback B and C. The Stochastic Oscillator signals the overbought state.
Trading idea:
Buy at the breach of 1.46986
Stop-Loss at 1.46760.
Target price levels at 1.47330 and 1.47600.
#eurcad #forex …
The trend is ascending. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator demonstrates the bullish divergence as well.
Trading idea:
Buy when the formation of the ascending wave structure begins, when the wave A breaches the sloping channel of the downward truncated …
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