05.10.2023
The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structures are truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the ascending wave structure, where the A wave breaches the sloping channel of the downward truncated structure.
Stop-Loss: 0.9614.
Target price levels: 0.9653, 0.9688.
#eurchf #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
