The trend is up. The pair is trading in the range between 365 and 135 EMAs. The descending wave structures ended with the break of pivot 1 (inside) and pivot 2. There is a bullish divergence on the Awesome Oscillator.
Trading idea:
The trend is ascending. The stock is trading in a range between 365 and 135 ЕМАs on the H1 timeframe. The downward truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator's moving averages are out of the oversold zone. …
The trend is down. The currency pair is trading between 365 and 135 EMAs on the H1. The bullish wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trade idea:
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