05.04.2022
The currency pair is traded in the flat’s lower border span. The descendant wave structure of M30 level is truncated. Awesome Oscillator indicates bullish divergence. The entering point on “on the rebound B” is forming.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss is under the local minimum of the descendant structure.
Target levels: 1.2535 (trap); 1.2580 (138.2%Fibo level).
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
