17.11.2021
#DUK
The overall trend is upward. The descending wave pattern is truncated. A bullish divergence has formed on the Awesome Oscillator, while 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: below the local minimum of the descending pattern.
Target levels: 104.00; 107.00.
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