USD/CHF Trading Analysis (17/10/2023)
The trend is ascending. The price is testing 200 ЕМА on the four-hours timeframe. The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the ascending wave structure, where the A-wave breaches …