The general trend is upward. The stock trades in the range between 365 and 135 EMAs. 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's MA has left the oversold zone.
Trade idea:
The trend is descending. The currency pair is trading within the range of 365 and 135 EMAs. A truncated wave structure is forming around the significant level of 1.1600. There is bearish divergence on the Awesome Oscillator and the Stochastic Oscillator indicates an overbought condition.
Trade idea:
The trend is ascending. The stock is trading in a range between 365 and 135 ЕМА. 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 signals an oversold condition.
Trade idea:
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