The descending truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The breach of 2.087 will begin the formation of the ascending wave structure.
Trading idea:
Buy at the breach …
The trend is descending. The stock is trading in the range between 365 and 135 EMA. The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
Trading idea:
Buy at the formation of the downward wave …
The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downtrend wave structure is truncated. The Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation …
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