The trend is ascending. The downward inner wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading analysis:
Buy, when the formation of the ascending wave structure begins, when the wave A breaches the sloping channel of the downward …
The trend is ascending. The downward truncated wave structure is finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator.
Trading idea:
Buy at the breach of 168.44.
Stop-Loss at 167.71.
Target price levels are 169.18 and 170.07.
#chfjpy #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
The trend is descending. The upward wave structures are truncated. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state. Bulls tested the mirror level of 42.10.
Trading idea:
Sell at the formation of the downtrend wave structure, when the A-wave breaches the sloping …
Don't have your language?
