Analysis based on round-number levels, price channels and modified Elliot Waves
A descending truncated H2 level pattern is forming, probably a wave (B) of the ascending H8 level pattern. Awesome Oscillator shows a bullish divergence, while Stochastic Oscillator indicates an oversold condition.
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Trading recommendations:
Buy when an ascending pattern is formed, where wave (aC) breaks through the inclined channel of the descending truncated H2 level pattern.
Stop Loss below the local minimum (1.3543)
Target levels: 1.3700; 1.3768.