The trend is descending. The upward truncated wave structure finished with the breach of the sloping channel. The currency pair is traded in the range between 365 and 135 ЕМА. There is a bullish divergence on the Awesome Oscillator.
Trading idea:
Buy at the breach of 1.2605.
Stop-Loss at 1.2654.
Target price levels at …
The trend is ascending. The downward wave structures are 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 structures,when the wave A breaches the sloping channel of the downward truncated structure.
Stop-Loss at …
The trend is ascending. The downward wave structure is truncated. The currency pair is traded in the range between 365 и 135 ЕМА. There is a bullish divergence on the Awesome Oscillator.
Trading idea:
Buy at the formation of the ascending wave structure, when the wave A breaches the sloping channel …
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