The trend is down. The pair is trading in a range between 365 and 135 EMA on the H1 timeframe and 200 ЕМА on the H4 timeframe. The ascending truncated wave structure ended with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator.
Trading idea:
Buy …
The trend is downward. The stock trades in the range between 365 and 135 ЕМА. There is a bearish divergence on the Awesome Oscillator. The entry point with the truncated C is forming.
Trading idea:
Sell when the formation of the downward wave structure begins, when the wave A breaches the sloping channel of …
The trend is down. The pair is trading in a range between 365 and 135 ЕМА. The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought condition.
Trading idea:
Sell when the formation of the downward wave structure begins, when …
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