21.12.2023
The trend is ascending. The formation of the downward truncated wave structure finished with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
Trading idea:
Buy at the breach of 1.2650.
Stop-Loss at 1.2620.
Target price levels at 1.2682 and 1.2757.
#gbpusd #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
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