22.03.2022
#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.
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