26.01.2023
Bears tested the support level of 10.1726. The descending wave structure is truncated. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Buy at the formation of the ascending wave structure, when the (A) wave breaches the sloping channel of the descending truncated structure;
Stop Loss: 10.1726;
Target price levels: 10.3680; 10.5050.
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