29.12.2022
#WU
Stock is traded in the descending price channel in the range between 365 and 135 ЕМА. Below 135 EMA a start fractal has formed, and the signal fractal has formed above it. The breach of the start fractal will initiate the formation of a descending wave structure. There is a bearish divergence on the Awesome Oscillator.
Trading idea:
Sell at the breach of 13.61
Stop-Loss: 19.92
Target price levels: 13.33; 13.20
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