14.10.2022
The trend is descending. The ascending wave structure is truncated. Awesome Oscillator indicator shows bearish divergence, and Stochastic Oscillator indicator signals overbought.
Trading idea:
Sell on the formation of a descending wave structure, where wave (A) breaks the inclined channel of the ascending truncated structure.
Stop Loss: 1.1350.
Target levels: 1.0900; 1.0550.
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