The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The ascending wave structure is truncated. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator shows the overbought state.
Trading idea:
Sell when the formation of the downward wave structure begins, when …
The trend is ascending. The downward wave structure is finished with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals oversold state. The breach of the 183.30 level will begin the formation of the ascending wave structure.
Trading idea:
Buy at the …
The trend is descending. The upward truncated wave structure finished with the breach of the sloping channel. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator shows the overbought state.
Trading idea:
Sell at the formation of the downward wave structure.
Stop-Loss at 0.6466.
Target price levels at …
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