The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The descending wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy when the formation of the ascending wave structure begins, when the A-wave …
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 …
Don't have your language?
