18.05.2021
The ascending wave pattern of the H2 level is truncated. Awesome Oscillator shows a bearish divergence. The breakout of 1.5604 will result in the formation of a descending wave pattern, which completed the ascending truncated pattern by breaking through the inclined channel.
EURUAD rate online: monitor the price movement in real time.
Trading idea:
Sell on the breakout of 1.5604.
Stop Loss: 1.5703.
Target levels: 1.5483; 1.5423.
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