06.05.2022
The general trend is ascendant. The descendant wave structures are truncated — the reverse wave model is forming. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant truncated structure.
Stop-loss: 131.84.
Target levels: 134.00; 135.00.
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