13.03.2023
The overall trend is ascending. The descending wave structure is truncated. There is a 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 downtrend truncated structure;
Stop-loss: under the local minimum of the descending structure (103.20).
Target price levels: 115.30; 126.00.
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