As you can see on the EURUSD chart the price is moving at a bullish channel. .
Now the price hits the top edge of donchain channel and I can say that a sell trades can be open by now targeting the low edge .
Stostatic by the way have a buy signal by having a bullish intersection near the 80 th level .
Finally a sell signal is shown on the awesome oscillator as you can see by having the bars above the 0 level and also the last bar is colored by red .
To make a clear decision from the previous givens the price have a higher chance to head down till the lower level of donchain channel but if you face the down edge of manually drawn channel then you have to close any sell trades and for more strength for your trades waiting for a sell signals drom awesome oscillator and stostatic is prefered .
Now the price hits the top edge of donchain channel and I can say that a sell trades can be open by now targeting the low edge .
Stostatic by the way have a buy signal by having a bullish intersection near the 80 th level .
Finally a sell signal is shown on the awesome oscillator as you can see by having the bars above the 0 level and also the last bar is colored by red .
To make a clear decision from the previous givens the price have a higher chance to head down till the lower level of donchain channel but if you face the down edge of manually drawn channel then you have to close any sell trades and for more strength for your trades waiting for a sell signals drom awesome oscillator and stostatic is prefered .
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