The trend is ascending. The currency is traded in the range between 365 and 135 ЕМА. The downward inner wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the ascending wave structure, when the wave A …
The trend is descending. The ascending wave structure is truncated. The stock is traded in the range between 365 and 135 ЕМА. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
Trading idea:
Sell when the formation of the descending wave structure begins, when …
The trend is descending. The currency pair is traded in the range between 365 and 135 ЕМА. The ascending wave structures are truncated. There is a bearish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator are out of the overbought zone. The Pivot 2 of the ascending structure …
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