The trend is down. The rising truncated wave structure finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trade idea:
Buy on the breach of 1.7806.
Stop-loss at 1.7880.
Price targets at 1.7730 and 1.7680.
#gbpcad …
The trend is ascending. The stock is trading in the range between 365 and 135 ЕМАs. The downward truncated wave structure ended with the break of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
The trend is down. The coin is traded in the range between 365 and 135 ЕМАs. The downward truncated wave structure has finished. There is a bearish divergence on the Awesome Oscillator.
Trade idea:
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