The overall trend is ascendant. The descending wave pattern of the H8 level is truncated. There is a bullish divergence on the Awesome Oscillator, and the moving averages of the Stochastic Oscillator left the oversold zone. The inclined channel of the descending pattern is broken through.
Trading idea:
Buy on the breakout of 0.8553 (when the ascending wave pattern is formed).
Buy Between 0.84900 ~ 0.85200
Stop Loss: 0.8440.
Target levels: 0.86300; 0.8650.
Trading idea:
Buy on the breakout of 0.8553 (when the ascending wave pattern is formed).
Buy Between 0.84900 ~ 0.85200
Stop Loss: 0.8440.
Target levels: 0.86300; 0.8650.