The trend is upward. The stock is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. The sloping channel of the inner downward structure is breached. The Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the breach of 258.38.
Stop-Loss: 253.80
Target price levels: …
The trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. The currency pair is traded in the range between 365 and 135 ЕМА. The Stochastic Oscillator signals the oversold state.
Trading idea:
By at 1.4721.
Stop-Loss: 1.4698.
Target price levels: 1.4757, 1.4800.
#eurcad #forexindonesia #forextrading …
The trend is ascending. The downward wave structure is truncated. The stock is traded between 365 and 135 ЕМА. There is bearish divergence on the Awesome Oscillator.
Trading idea:
Buy at the formation of the upward wave structure, when the A wave breaches the sloping channel of the downward truncated structure. …
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