12.10.2021
#CI
The overall trend is upward. The descending wave pattern is truncated. The Awesome Oscillator shows a bullish divergence, while moving averages of the Stochastic Oscillator have left the oversold zone. A break of the mirror level of 208.63 will result in the formation of an ascending wave pattern, where wave (A) has broken through the inclined channel of the descending truncated pattern.
Trading idea:
Buy at the breakout of 208.63.
Stop Loss: below the local minimum (197.00).
Target levels: 225.00; 240.50; 265.75.
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