06.10.2021
#GSK
The overall trend is upward. The descending wave patterns are truncated. The Awesome Oscillator shows a bullish divergence, while the 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 pattern or the pivot 2 of the wave C (blue dotted line).
Stop Loss under the local minimum of the descending pattern.
Target levels: 14.30; 14.88.
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