09.02.2022
#BMW
The general trend is ascendant. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. The descendant wave structure is truncated.
Trade idea:
Buy when the ascendant wave structure forms, where a wave (A) breaches through the inclined channel of the local truncated structure.
Stop-loss below the local minimum of the descendant structure.
Target level: 99.32.
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