31.03.2022
#VOW3
The ascendant wave structure is truncated. Awesome Oscillator indicates bearish trend, and Stochastic Oscillator signals overbought conditions. The share is traded between 365 and 135 moving averages.
Trade idea:
Sell when the descendant wave structure forms, where the wave (A) breaches through the inclined channel of the ascendant truncated structure.
Stop-loss is beyond the local maximum of the ascendant structure.
Target levels: 143.30; 133.20.
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