30.01.2020
The descending pattern is currently truncated (wave C did not break through 123.6% of wave A). Also, Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator indicates oversoldness.
Trading recommendation:
Buy while an ascending pattern is forming, where the wave (A) breaks through the inclined channel of the descending truncated pattern.
Stop loss under the local minimum.
Target levels: 30.75; 32.00.
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