21.12.2021
#DVA
The overall trend is ascending. The descending wave pattern is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold conditions. The inclined channel of the descending truncated pattern is breached.
Trading idea:
Buy when the ascending wave pattern is formed, on the breach of 107.69 level.
Stop loss is below the local minimum of the descending pattern – 94.27.
Target levels – 117.90; 133.16.
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