15.02.2022
The currency pair fluctuates between 365 and 135 ascendant moving averages. The descendant wave structure is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The descendant truncated structure’s inclined channel is breached.
Trade idea:
Buy when the ascendant wave structure forms.
Stop-loss below the local minimum of the descendant structure (1.5833).
Target levels: 1.6080; 1.6217.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
