The trend is ascending. The downward wave structures are truncated. The entry point at the pullback B with the condition of C is forming. The currency pair is traded in the range between 365 and 135 ЕМА at the hourly timeframe. The Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the …
The trend is ascending. The downward wave structures are truncated. There is bullish divergence on the Awesome Oscillator, and Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the ascending wave structure, when the wave A breaches the slopping channel of the downward truncated structure.
Stop-Loss at …
The trend is descending. The ascending wave structure is truncated. The currency pair is traded in the range between 365 and 135 ЕМА. There is bearish divergence on the Awesome Oscillator and the Stochastic Oscillator signals the overbought state.
Trading idea:
Sell when the formation of the descending wave structure begins, when the wave …
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