The trend is ascending. The downward truncated wave structure finished with the breach of the sloping channel. The entry point at the pullback B and C. The Stochastic Oscillator signals the overbought state.
Trading idea:
Buy at the breach of 1.46986
Stop-Loss at 1.46760.
Target price levels at 1.47330 and 1.47600.
#eurcad #forex …
The trend is ascending. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator demonstrates the bullish divergence as well.
Trading idea:
Buy when the formation of the ascending wave structure begins, when the wave A breaches the sloping channel of the downward truncated …
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 …
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