The trend is descending. The ascending wave structure is truncated. The currency pair is traded in the range between 365 and 135 ЕМА. 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 wave structure begins, when the wave …
The trend is ascending. The downward truncated wave structures finished with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator, and Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the breach of 184.00.
Stop-Loss at 180.00.
Target price levels at 188.30 and 195.30.
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The trend is ascending. The downward 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, and the Stochastic Oscillator signals an oversold condition.
Trading idea:
Buy at the breach …
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