The trend is ascending. The downward wave structure is truncated.There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals and oversold condition.
Trading idea:
Buy when the formation of the ascending wave structure begins, when the wave A breaches the sloping channel of the downward truncated structure. …
The trend is descending. The currency pair is traded in the range between 365 and 135 ЕМА. The entry point at the pullback B and at truncated C is forming. The upward wave structure is truncated.
Trading idea:
Sell when the formation of the descending wave structure begins, when the wave …
The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The 200 ЕМА were tested on the H4 time frame. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
Trading idea:
Sell when the formation of the descending …
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