The trend is up. The forex pair is trading within the 365- and 135-EMA range. The descending wave structure is truncated. The stochastic oscillator indicates an oversold condition. An entry point is forming under the truncated C.
Trade idea:
The trend is ascending. The stock is trading within the 365-135 EMA range. The descending wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator and an oversold condition on the Stochastic Oscillator. An entry point is forming on pullback B. …
The trend is up. The currency pair is trading within the 365-135 EMA range. The downward wave structures are truncated. There is bullish divergence on the Awesome Oscillator, as well as an oversold condition on the Stochastic Oscillator.
Trade idea:
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