22.04.2022
Bears have tested the bottom border of the Ichimoku cloud forming a reverse pattern “pin bar”. Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy when the ascendant wave structure forms, where the wave (A) breaches through the inclined channel of the descendant structure.
Stop-loss is under the local minimum of the descendant structure.
Target levels: 25.282; 25.700.
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