Trading idea for Lloyds Banking Group PLC (LSE)
#LLOY
The overall trend is upward. The descending patterns are truncated. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.
Stop Loss below …