The trend is up. The currency pair is trading in the range between 365 and 135 EMAs. The downward wave structure is truncated (the multi-candle Double Bottom figure has formed). There is a bullish divergence on the Awesome Oscillator and the Stochastic Oscillator signals an oversold condition.
Trade idea:
The trend is descending. The stock is trading in a range between 365 and 135 ЕМАs. The upward inner truncated sructure finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trade idea:
The trend is ascending. The currency pair is trading in the range between 365 and 135 ЕМАs. The downward truncated wave structure finished with the breach of the sloping channel. The price passed the daily ADR stretch.
Trade idea:
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