12.11.2021
#VOW3
The descending wave pattern is truncated. A bullish divergence has formed on the Awesome Oscillator, while the Stochastic Oscillator signals oversold conditions. The support level of 182.20 holds back the sellers.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the truncated descending pattern.
Stop Loss: below the support level of 182.20.
Target levels: 195.36; 207.80.
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