The trend is ascending. The downward 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, when the A-wave breaches the sloping channel of the downward truncated structure.
Stop-loss under the …
The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structure finished with the breach of the sloping channel. The descending wave structure finished with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator …
The trend us upward. The descending truncated wave structure finished with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator.
Trading idea:
Buy at the breach of 6504.0
Stop-Loss: 281.5
Target price levels: 6738.0, 6900.0.
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