16.02.2021
#CL
The support level of 77.75 is holding back sellers. The overall trend is upward. The descending construction is truncated. A Bullish divergence is formed on Awesome Oscillator, and the Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.
Stop loss under the local minimum (77.75).
Target levels: 84.10; 86.18.
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