12.04.2024
The downward wave structure is truncated. The stock is traded in the range between 365 and 135 ЕМА. There is bullish divergence on the Awesome Oscillator and on the Stochastic Oscillator, and Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the ascending wave structure, when the wave A breaches the sloping channel of the descending truncated structure.
Stop-Loss at 0.7320.
Target price levels at 0.7376 and 0.7407.
#rushydro #stock #tradersroom #daytradingpatterns #forexexpertadvisor
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