22.04.2024
The trend is ascending. The downward inner wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator shows the oversold state.
Trading idea:
Buy when the formation of the ascending wave structure begins, when the wave A breaches the sloping channel of the downward truncated structure.
Stop-Loss 1.3714.
Target price levels 1.3780 and 1.3837.
#usdcad #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
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