08.09.2022
The general trend is downtrending. The ascending wave structure is truncated. The currency pair is trading in the range of 365 and 135 moving averages. The Awesome Oscillator indicator has bearish divergence.
Trading idea:
Sell on the formation of a downward wave structure, where wave (A) pierces the 2 wave C pivot (1.70508).
Stop Loss: 1.7132.
Target level: 1.6880.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
