01.12.2021
#AEP
The overall trend is upward. The descending wave pattern is truncated. Formation of a multi-candlestick "double bottom" pattern is likely. A bullish divergence has formed on the Awesome Oscillator.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.
Stop Loss: below the local minimum (80,80).
Target levels: 88.50; 91.00.
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