The trend is down. The ascending wave structure is truncated. The stock is trading in a range between 365 and 135 ЕМАs. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trading idea:
The trend is down. The forex pair is trading between 365 and 135 EMAs on the H! timeframe. The rising wave structure is truncated. The entry point is forming at the pullback B with the truncated C. There is a bearish divergence on the Awesome Oscillator and the Stochastic Oscillator …
The trend is ascending. The stock is trading in the range between 365 and 135 ЕМАs. The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
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