The trend is ascendant. The currency pair is traded between 365 and 135 moving averages. The multi-candle figure “double bottom” is forming. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The “start fractal” has formed above 135 EMA, and the fractal breach will cause the ascendant ABC …
#DTE
The resistance level 17.854 restrains buyers. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The inclined channel of the ascendant truncated structure is breached.
Trading idea:
Sell when the 17.130 level is breached.
Stop-loss is over the local maximum of …
Bulls have once again tested the round secondary level 1.5280. The ascendant wave structure of the H1 level is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions. The upper border of the Ichimoku cloud is also tested.
Trading idea:
Sell when the descendant wave structure forms, …
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