18.05.2023
The support level of 0.6628 curbs the buyers. The downward wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates the oversold state.
Trading idea:
Buy at the formation of the ascending structure, where the (A) wave breaches the sloping channel of the downward truncated structure.
Stop-Loss: 0.6628
Target price levels: 0.6700, 0.6750
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