02.06.2021
#BN
The overall trend is upward. The descending wave pattern is truncated. The support level of 57.86 is holding back sellers. Awesome Oscillator shows a bullish divergence, while 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: 57.86.
Target level is 60.85.
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