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:
The trend is ascending. The currency pair is trading in the range between 365 and 135 ЕМАs. The descending wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold condition.
Trade idea:
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