13.06.2023
The trend is descending. The currency pair is traded in the range between 365 and 135 ЕМА. The ascending wave structures are truncated. There is a bearish divergence on the Awesome Oscillator.
Trading idea:
Sell at the formation of the descending wave structure, where the A wave breaches the sloping channel of the upward truncated structure.
Stop-Loss under the local minimum of the upward structure.
Target price levels: 8.3856, 8.3650.
#eurhkd #forex #forextrading #forextradingstrategies #forexmt5
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
