The trend is up. The currency pair is trading in the range between 365 and 135 EMAs. The downward truncated wave structure finished with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold condition on the H1 timeframe.
Trade …
The trend is downward. The stock is trading in the range between 365 and 135 EMAs. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator also signals the bearish divergence. The upward wave structures are truncated.
Trade idea:
The trend is up. The currency pair is trading in the range between 365 and 135 EMAs. The downward wave structure is truncated (the multi-candle Double Bottom figure has formed). There is a bullish divergence on the Awesome Oscillator and the Stochastic Oscillator signals an oversold condition.
Trade idea:
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