10.09.2021
#HSBC
The descending wave pattern of is truncated.
A bullish divergence has formed on Awesome Oscillator, and 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.
Target levels: 44.50; 49.20.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
