The trend is ascending. 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 …
The formation of the truncated descending wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator. The breach of 159.57 will start the formation of the ascending wave structure.
Trading idea:
Buy at the breach of 159.57;
Stop-loss: 156.70;
Target …
The trend is ascending. The formation of the downtrend truncated wave structure finished with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator. The …
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