Trade idea for Airbus Group (EURONEXT)

#AIR

The share fluctuates between 365 and 135 downbound moving averages. 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 through the inclined channel of the ascendant structure.

Stop-loss is beyond the local maximum of the ascendant wave structure + filter of 300 PP.

Target level — 90.840.