The trend is ascending. The currency pair is trading within the 365-135 EMA range. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and oversold conditions are indicated by the Stochastic Oscillator.
Trade idea:
The descending wave structure is truncated. There is bullish divergence on the Awesome Oscillator and an overbought condition on the Stochastic Oscillator. An entry point is forming at the pullback B and at the truncated C.
Trade idea:
The trend is downward. The upward wave structures are truncated. The currency pair is trading within the 365-135 EMA range. There is a bearish divergence on the Awesome Oscillator and a signal of an overbought condition on the Stochastic Oscillator.
Trade idea:
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