21.01.2022
The descendant wave structure of M30 level is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when an ascendant wave structure starts forming, where a wave (A) pierces the inclined channel of the descendant truncated structure of M30 level.
Stop Loss below a local minimum of the descendant structure.
Target levels: 1.0420 (round secondary level); 1.0505.
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