07.11.2023
The downward wave structures are 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, where the A-wave breaches the sloping channel of the descending truncated structure.
Stop-Loss under the local minimum of the descending structure.
Target price levels: 88.30, 90.34.
#brent #crude #crudeoil #tradersroom #daytradingpatterns #forexexpertadvisor
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