01.09.2021
#VLO
The overall trend is upward. The descending wave pattern is truncated. There is a bullish divergence on the Awesome Oscillator. The breakout of 68.00 will result in the formation of an ascending wave pattern, where the wave (A) has broken through the inclined channel of the descending truncated pattern.
Trading idea:
Buy at the breakout of 68.00.
Stop Loss: 58.80.
Target levels: 76.00; 84.00.
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