The trend is down. The currency pair is trading within the 365-135 EMA range. The ascending wave structures are truncated. There is a bearish divergence on the Awesome Oscillator, and a signal of an overbought condition on the Stochastic Oscillator. The pivot 2 of the wave C was breached.
Trade …
The stock is trading within the 365-135 EMA range. The downward truncated wave structure ended when the pivot 2 of wave C was breached. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates an oversold condition. An entry point is forming at the pullback B …
The trend is ascending. 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 signals an oversold condition.
Trade idea:
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