31.03.2022
The general trend is ascendant. The currency pair is traded between 365 and 135 moving averages. Awesome Oscillator indicates bullish trend, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant structure.
Stop-loss is below the local minimum of the descendant structure.
Target level: 0.7050 (round intermediate).
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