Bears are testing the support level of 0.8772 again. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea: …
The general trend is ascending. The downtrend 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.
Trading idea:
Buy at the formation of the upward wave structure;
Stop-loss: …
Analytics for GBP/CHF Forex pair, based on complex analysis of modified waves, Fibonacci levels and price channels
The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downtrend wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic …
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