Bears tested the support level of 10.1726. The descending 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 overall trend is ascending. The USD index tests the lower border of the long-term price channel, the Euro index tests the resistance level. The formation of the uptrend …
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The downward wave structures are 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 ascending wave structure, when the (A) wave breaches the 158.24 (pivot 2 of the wave C)
Stop-Loss: under the local …
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