The currency pair is trading in the range of the lower boundary of the ascending price channel. The descending wave structure is truncated. The Awesome Oscillator indicator shows bullish divergence, and the Stochastic Oscillator indicator signals oversold.
Trading idea:
Buy on the formation of an ascending wave structure, where wave …
The trend is ascending. The currency pair is trading in the 365 and 135 EMA range. The descending wave patterns are truncated. Awesome Oscillator indicator shows bullish divergence.
Trading idea:
Buy on the formation of an ascending wave structure where wave (A) breaks through the 2 wave C pivot (1.42395). …
The general trend is descending. Gold is trading in a 365 and 135 EMA range directed downward. Awesome Oscillator indicator shows bearish divergence, and Stochastic Oscillator indicator signals overbought. A breach of 1659.50 will generate a descending wave structure, where wave (A) breaches the inclined channel of the ascending structure. …
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