02.03.2022
The trend is descendant. The ascendant wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.
Watch USD/NOK online
Trade idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant truncated structure.
Stop-loss is beyond the local maximum of the ascendant structure.
Target levels: 8.8300; 8.7800.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
