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RusHydro Trading Analysis (20/12/2023)

20.12.2023

Market Review

The formation of the downward truncated wave structure finished with the breach of the sloping channel. There is bullish divergence on the Awesome Oscillator. The breach of 0.7415 will begin the formation of the ascending wave structure.

RusHydro price chart as of 20/12/2023 with technical indicators

Trading idea:

Buy at the breach of 0.7415.

Stop-Loss at 0.7026.

Target price levels at 0.7800 and 0.8170.

#rushydro #stock #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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