The trend is ascending. The currency pair is trading in the range between 365 and 135 ЕМА on the H1 timeframe. The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and moving averages of the Stochastic Oscillator signal oversold condition.
Trading idea:
The trend is ascending. The downward truncated wave structure ended with the breach of the descending channel. The stock is trading in the range from 365 and 135 EMAs. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
The trend is bearish. The upward truncated wave structure ended with the breach of the sloping channel. The bears tested the 200 EMA. There is a bearish divergence on the Awesome Oscillator and the RSI's moving averages are out of the overbought zone.
Trading idea:
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