21.02.2022
#BARC
The general trend is ascendant. The descendant structures of H4 and H1 levels are truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions.
Trade idea:
Buy when the ascendant wave structure forms, where a wave (A) breaches through the inclined channel of the truncated descendant structure of H1 level.
Stop-loss is below the local minimum of the descendant structure.
Target levels: 1.9970; 2.0880; 2.1870.
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