The general trend is ascending. The currency pair is trading in the range of 365 and 135 moving averages. A support level of 10.9063 restrained the sellers. The descending wave structure ended with the breakdown of the inclined channel.
Trading idea:
Buy on a breakout of 10.9600.
Stop Loss: 10.9063. …
The general trend is descending. The ascending wave structures are truncated. The Awesome Oscillator indicator shows bearish divergence, and the Stochastic Oscillator indicator signals overbought.
Trading idea:
Sell on the formation of a downward wave structure, where wave (A) breaks the inclined channel of the ascending truncated structure.
Stop Loss …
#CSGN.
The trend is descending. The stock is trading in the 365 and 135 EMA range. The ascending wave structure is truncated. The Awesome Oscillator indicator shows bearish divergence, and the Stochastic Oscillator indicator signals overbought.
Trading idea:
Sell on the formation of a downward wave structure where wave (A) …
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