The trend is down. The forex pair is trading in a range between 365 and 135 EMAs. The ascending truncated wave structure finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator is out of the overbought zone.
Trading idea: …
The trend is descending. The stock is trading in the range between 365 and 135 EMAs. The upward truncated wave structure has finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trading idea:
The trend is ascending. The currency pair is trading in the range between 365 and 135 ЕМАs. The entry point at the pullback B is forming. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
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