The trend is downward. The stock is trading within the 365-135 EMA range. The upward truncated wave structure ended with the breach of the sloping channel. The Stochastic Oscillator indicates an overbought condition, and the Awesome Oscillator shows bearish divergence.
Trade idea:
The trend is ascending. The currency pair is trading within the 365-135 EMA range. The downward truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates an oversold condition.
Trade idea:
The trend is descending. The stock is trading within the 365-135 EMA range on the H1 timeframe. The downward wave structure is truncated. There is bearish divergence on the Awesome Oscillator and overbought conditions on the Stochastic Oscillator.
Trade idea:
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