The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The entry point at the pullback B + truncated C is forming.
Trading idea:
Buy at the formation of the upward wave structure, where the A-wave breaches …
The trend is upwards. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator.
Trading idea:
Buy at the formation of the ascending wave structure, where the A-wave breaches the sloping channel …
The general trend is ascending. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the upward wave structure, where the A-wave breaches the sloping channel of the descending …
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