28.01.2021
#BA
The overall trend is upward. The price pivot zone of 191.44 is holding back sellers. The descending pattern is truncated. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicator signals oversold conditions.
Trading idea:
Buy when an ascending pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.
Stop loss under the local minimum (191.44).
Target levels: 241.53; 290.00.
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