Trade idea for Air Liquide (EURONEXT)

#AI

The general trend is descendant. The ascendant five-wave structure is truncated. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator signals overbought conditions.

Trade idea:

Sell when the descendant wave structure forms, where the wave (A) breaches the inclined channel of the ascendant truncated structure.

Stop-loss is beyond the local maximum of the ascendant structure.

Target levels: 143.32; 137.50.