07.08.2020
CCI shows a breakout of the level of 100, followed by an assumed correction to the range of the price pivot zone 78.90. Buy after the correction pattern is completed by an ascending wave pattern.
CADJPY rate online: monitor the price movement in real time.
Trading recommendations:
Buy when an ascending wave pattern is formed, where the wave (aC) breaks through the inclined channel of the descending pattern.
Stop Loss under the price pivot zone of 78.90.
Target levels: 79.70; 80.11; 80.72.
Trading ideas for Nestle SA (SIX) 07.08.2020
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