15.11.2023
The trend is descending. The stock is traded in the range between 65 and 135 ЕМА. The uptrend wave structure is truncated. There is bearish divergence on the Awesome Oscillator.
Trading idea:
Sell at the formation of the downward wave structure, where the A-wave breaches the sloping channel of the ascending truncated structure.
Stop-Loss: over the local maximum of the ascending structure.
Target price levels: 43.00, 39.65.
#dominionenergy #stock #forextrading #forextradingstrategies #forexmt5
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