22.05.2024
The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The entry point at the pullback B with the truncated C is forming.
Trading idea:
Buy when the formation of the ascending wave structure begins, when the wave A breaches the sloping channel of the descending truncated structure.
Stop-Loss at 82.23.
Target price levels at 84.64 and 85.97.
#brent #crude #crudeoil #tradersroom #daytradingpatterns #forexexpertadvisor
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