Trading idea for ThyssenKrupp (XETRA)
#TKA. Industrial Sector.
The overall trend is ascending. The descending wave pattern is truncated. There is a bullish divergence on the Awesome Oscillator. The descending pattern has completed with a breach of the inclined channel.
Trading idea:
Buy when the ascending wave pattern is formed.
Stop loss is below the local minimum of the descending pattern.
Target levels: 10.385; 11.256.