The trend is descending. The currency pair is trading in the range between 365 and 135 EMAs. The ascending wave structures are truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trade idea:
The trend is ascending. The downward wave structure has been truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates an oversold condition. An entry point is forming at the truncated C.
Trade idea:
The trend is down. The forex pair is trading in a range between 365 and 135 EMAs. The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an overbought condition.
Trade idea:
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