NLMK Trading Analysis (07/08/2024)
The descending wave structure is truncated. The Harami Pattern has formed on the D1 timeframe. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals an oversold state.
Trading idea:
- Buy at the breach of 164.00.
- Stop-loss at 158.00.
- Price targets at 172.70 and 181.50.
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