17.01.2022
#CCI
The general trend is ascending. The descending wave pattern is truncated. Awesome Oscillator indicates bullish divergence, and Stochastic Oscillator signals oversold conditions. Mirror level 181.42 restrains sellers.
Trading idea:
Buy when the ascending wave is formed, where the wave (A) pierces the inclined channel of the descending truncated pattern.
Stop Loss as a mirror level – 181.42.
Target levels – 192.50; 208.00.
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