The trend is ascending. The Forex pair is traded in the range of the rounded secondary level of 0.8580. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the upward wave structure, where the A wave breaches …
The downwards wave structures are truncated. The inner truncated wave structure finished with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The breach of the 4476.6 will initiate the formation of the uptrend truncated structure.
Trading idea: …
The trend is, overall, ascending. The bears tested the mirror level of 7.94. The stock is traded in the range between 365 and 135 EMA. The Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the upward wave structure, where the A wave breaches the sloping channel …
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