The upward truncated wave structure ended with the breach of the sloping channel. Silver is trading in a range between 365 and 135 ЕМАs. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought condition.
Trade idea:
The trend is descending. The stock is trading in the range between 365 and 135 ЕМАs. The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trade idea:
The trend is up. The pair is trading in the range of 365 and 135 EMAs. The downward truncated wave structure ended with the breach of the sloping channel. There is a bearish divergence on the Awesome Oscillator. The break of 2.0912 will start the formation of the rising wave …
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