22.02.2023
The descending wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The entry point 'at the pullback B' is forming.
Trading idea:
Buy at the formation of the ascending wave structure, when the (A) wave breaches the sloping channel of the descending truncated structure;
Stop-loss: 135.58;
Target price levels: 144.50, 151.80.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
