03.05.2023
The descending wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The support level of 80.00 curbs the buyers.
Trading idea:
Buy at the formation of the ascending wave structure, where the A wave breaches the sloping channel of descending truncated structure.
Stop-Loss 80.00
Target price levels: 82.50, 84.50
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