The trend is ascending, and 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 the Stochastic Oscillator indicates an oversold condition.
Trade idea:
The trend is upward. The stock is trading within the 365-135 EMAs range. The downward truncated wave structure ended when the sloping channel was breached. The Stochastic Oscillator indicates an oversold condition, while the Awesome Oscillator shows bullish divergence.
Trade idea:
The trend is descending. The gold is trading in a range between 365 and 135 ЕМАs. The upward wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trade idea:
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