09.01.2023
The support at 60.00 keeps traders at bay. The downward truncated wave structure ended with the breach of a sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold situation.
Trading idea:
Buy at the formation of the ascending wave structure
Stop-Loss support level: 60.00
Target price levels: 64.50; 69.00
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