The trend is ascending. The upward wave structure is truncated. The stock is traded in the range between 365 and 135 ЕМА. The Stochastic Oscillator signals the oversold state.
Trading idea:
Sell at the formation of the descending wave structure, where the wave A breaches the 50.02 (pivot 2 of the wave С). …
The trend is descending. The currency pair is traded in the range between 365 and 135 ЕМА. There is a bearish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the oversold zone. The sloping channel of the ascending structure is truncated.
Trading idea:
Sell at …
The trend is ascending. The stock is traded in the range between 365 and 135 moving averages. The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The sloping channel of the downward inner structure is truncated. …
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