17.09.2020
#GPRO
The overall trend is upward. The 3.70 support level is holding back sellers. Stochastic Oscillator indicates an oversold condition. The inclined channel of the descending pattern is broken by the formation of the assumed wave (A) an the ascending pattern.
Trading recommendations:
Buy when an ascending wave pattern is formed, above 4.12.
Stop Loss: 3.70.
Target levels: 4.72; 5.67.
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