EURUSD
The overall trend is upward. The descending truncated pattern of the H2 level has formed in the wave (C), where the truncated pattern of the H1 level was also formed. Awesome Oscillator indicator shows a bullish divergence, while Stochastic Oscillator indicator signals oversoldness.
Trading recommendations:
Buy while an ascending wave pattern is forming, where the wave (A) breaks through the inclined channel of the descending truncated pattern of the H1 level.
Stop loss at the local minimum: 1.167.
Target levels: 1.1347; 1.1400.
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