19.07.2021
#AEROFLOT
The descending wave pattern of the H8 level is truncated. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator signals oversold conditions. The descending wave pattern of the H8 level is probably a correction wave (B) of the ascending pattern of the higher level.
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 of the descending pattern.
Target levels: 71.60; 74.20.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
