30.11.2023
The trend is ascending. The downward wave structure is 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 upward wave structure, when the A wave breaches the sloping channel of the descending truncated structure.
Stop-Loss: 186.42.
Target price levels: 188.00, 188.50.
#gbpjpy #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
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