07.03.2022
The general trend is descendant. The ascendant wave structure is truncated. The currency pair fluctuates between 365 and 135 moving averages. Awesome Oscillator indicates bearish divergence.
Trade idea:
Sell when the descendant wave structure forms, as the wave (A) breaches through the inclined channel of the ascendant truncated structure.
Stop-loss — 6.3316.
Target level — 6.3080.
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