The trend is descending. The currency pair is trading in the range between 365 and 135 ЕМА. The upward wave structures are truncated. Below 135 ЕМА the fractal pattern for the beginning is forming. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trading idea:
The trend is descending. The stock is trading in the range between 365 and 135 EMA. The upward truncated wave structure has finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trading idea:
The trend is upward. The currency pair is trading in a range between 365 and 135 ЕМА. The descending wave structures are truncated. the inner truncated wave structure finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition. …
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