09.02.2022
The general trend is descendant. The ascendant wave structure is truncated at the moment. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where a wave (A) breaches through the inclined channel of the ascendant truncated structure.
Stop-loss is beyond the local maximum of the ascendant structure.
Target levels: 0.9008; 0.8915.
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