15.11.2022
#CL
The trend is descending. The ascendant wave pattern is truncated. There is a bearish divergence on the Awesome Oscillator. The Stochastic Oscillator signals overbought conditions.
Trading idea:
Sell when the descendant wave pattern is formed, where wave (A) breaches the inclined channel of the ascending wave pattern.
Stop Loss is 76.11.
Target levels: 72.00; 70.18.
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