03.02.2022
Mirror level 155.45 restrains buyers. The ascendant wave structure is truncated. Currency pair fluctuates between 365 and 135 moving averages. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where a wave (A) breaches through the inclined channel of the ascendant truncated structure.
Stop-loss below the local maximum of the ascendant truncated structure.
Target levels: 153.87; 153;00.
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