10.03.2022
#IBE
The ascendant wave structure is truncated. Moving averages 365 and 135 signal descendant movement. Awesome Oscillator indicates bearish divergence, and Stochastic Oscillator shows overbought conditions.
Trade idea:
Sell when the descendant wave structure forms, where a wave (A) breaches the inclined channel of the ascendant truncated structure.
Stop-loss beyond the local maximum of the ascendant truncated structure.
Target levels: 9.300; 9.106.
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