24.10.2023
The trend is ascending. The downward wave structure is in the range between 365 and 135 ЕМА. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals oversold state.
Trading idea:
Buy at the formation of the ascending wave structure when the A wave breaches the sloping channel of the descending structure.
Stop-Loss: 135.80.
Target price levels: 143.00, 149.00.
#ibm #stock #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor
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