The trend is descending. The stock trades in the range between 365 and 135 ЕМА. The upward truncated wave structure ended with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator.
Trading idea:
Sell when the formation of the downward truncated wave structure begins.
Stop-loss at 471.00. …
The coin is trading near the lower level of the flat (on the H4 timeframe). The downward truncated wave structure ended with the breach of the descending channel. There is a bullish divergence on the Awesome Oscillator. The entry point at the pullback B and truncated C is forming.
Trading …
The trend is ascending. The stock is traded in the range between 365 and 135 ЕМА.The downward inner wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy when the formation of the ascending wave structure starts, when the wave …
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