26.03.2021
#IPGP
The overall trend is upward. The descending pattern of the H4 level is truncated. The formation of a double bottom pattern and a bullish divergence on Awesome Oscillator are likely to appear in the graph.
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 support level of 196.90.
Target levels: 229.50; 256.00.
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