25.08.2022
The ascending wave structure is truncated. The Awesome Oscillator indicates bearish divergence, and the Stochastic Oscillator indicator signals overbought.
Trading idea:
Sell on the formation of a downward wave structure, where wave (A) breaks the inclined channel of the upward truncated structure.
Stop-loss at the local maximum of the ascending structure.
Target levels: 104.90; 103.27.
Thank you for subscribing to our analytics
You already subscribed
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?