The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structure has finished. There is a bullish divergence on the Awesome Oscillator.
Trading idea:
Buy at the breach of 1.63267.
Stop-Loss at 1.6280.
Target price levels at 1.6395 and 1.6420.
#euraud #forex #forextrading …
The trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The downward wave structures are 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 begins, when …
Bulls are testing the upper border of the descending price channel again. The entry point at the pullback B with the truncated C is forming. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator shows the overbought state.
Trading idea:
Sell when the formation of the descending wave structure …
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