02.10.2023
The trend is ascending. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the ascending wave structure, when the A-wave breaches the sloping channel of the downward truncated structure.
Stop-loss under the local minimum of the downward structure.
Target price levels: 3645.0, 3695.0.
#canon #stock #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
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