06.07.2023
The general trend is descending. The uptrend wave structure is truncated. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
Trading idea:
Sell at the formation of the descending wave structure, where the A wave breaches the sloping channel of the uptrend …
05.07.2023
The overall trend is ascending. The stock is traded in the range between 365 and 135 ЕМА. The Stochastic Oscillator signals the oversold state. The entry point at the pullback B is forming.
Trading idea:
Buy at the formation of the upward wave structure, where the A-wave breaches the …
04.07.2023
The trend is ascending. The currency pair is traded in the range between 50 and 22 ЕМА on the D1 timeframe. The multi-candle pattern 'Triple Bottom' has formed. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the …
03.07.2023
The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The entry point at the pullback B + truncated C is forming.
Trading idea:
Buy at the formation of the upward wave structure, where the A-wave breaches …
23.06.2023
The trend is upwards. The currency pair is traded in the range between 365 and 135 ЕМА. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator.
Trading idea:
Buy at the formation of the ascending wave structure, where the A-wave breaches the sloping channel …
22.06.2023
The general trend is ascending. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the upward wave structure, where the A-wave breaches the sloping channel of the descending …
21.06.2023
The trend is ascending. The currency pair is traded in the range between 365 and 135 ЕМА. The downtrend truncated wave structure finished with the breach of the pivot.
Trading idea:
Buy at the breach of 1.6893.
Stop-Loss: 1.6841.
Target price levels: 1.6950, 1.69777.
#gbpcad #forex #forextrading #forextradingstrategies #forexmt5
20.06.2023
#D
The trend is descending. The stock is traded in the range between 65 and 135 ЕМА. The uptrend wave structure is truncated. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
Trading idea:
Sell at the formation of the downward wave structure, …
19.06.2023
Bulls have tested the upper border of the downward price channel and the mirror level of 1.7631. The uptrend wave structure is truncated. The bear divergence is forming on the Awesome Oscillator.
Trading idea:
Sell at the formation of the descending wave structure, where the A-wave breaches the sloping channel …
16.06.2023
The trend is descending. The stock is traded in the range of 365 and 135 ЕМА. The uptrend wave structure is truncated. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
Trading idea:
Sell at the formation of the downward wave structure, …
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