Bears are testing the support level at 169.40. The descending wave structures are truncated. There is bullish divergence on the Awesome Oscillator and the Stochastic Oscillator signals the overbought state.
Trading idea:
Buy at the formation of the ascending wave structure, when the wave A breaches the sloping channel of the downward …
The trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. The stock is traded in the range between 365 and 135 ЕМА. There is bullish divergence on the Awesome Oscillator. The breach of the 40.31 level will start the formation of the ascending wave structure. …
The trend is ascending. The downward wave structures are truncated. The entry point at the pullback B with the condition of C is forming. The currency pair is traded in the range between 365 and 135 ЕМА at the hourly timeframe. The Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the …
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