10.02.2020
The overall trend is upward. The support level of 747.00 holds back sellers. A descending truncated pattern was formed. A bullish divergence has formed on Awesome Oscillator indicator, and Stochastic Oscillator indicator signals oversoldness.
Trading recommendations:
Buy while an ascending structure is forming, where the wave (aC) breaks through the inclined channel of the descending truncated pattern.
Stop loss under the support level 747.00.
Target levels: 798.50; 833.50.
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