Daily reviews

The trend is ascending. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator and the Stochastic Oscillator signals an oversold condition.

Trade idea:

• Buy at the breach of 0.81785.
• Stop-loss at 0.81590.
• Price targets are 0.82000 and 0.82200.

#nzdcad #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Bears are testing the support level of 56.80. The downward truncated wave structure ended with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator's moving averages are out of the oversold zone.

Trade idea:

• Buy at the beginning of the formation …

Bears are testing the support level of 0.8610. The descending wave structure has been truncated. There is bullish divergence on the Awesome Oscillator and an overbought condition on the Stochastic Oscillator.

Trade idea:

• Buy when the ascending wave structure begins forming and wave A breaches the sloping channel of the …