The bears are almost at the level of 100.60. The descending wave structure is truncated. There is 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 the sloping channel of …
The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. The Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the ascending wave structure, when the A-wave breaches the sloping channel of the downward truncated structure. …
The trend is ascending. There is bullish divergence on the Awesome Oscillator. The downwards truncated wave structure finished with the breach of the sloping channel.
Trading idea:
Buy at the formation of the ascending wave structure.
Stop-Loss: 80.65.
Target price levels: 85.20, 88.30.
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