The entry point at the pullback B is forming. There is 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 structure.
Stop-Loss under …
The trend is ascending. The downward wave structures are truncated. The triple wave reverse model 'Boguraev's Matryoshka' is forming. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
Trading idea:
Sell at the breach of 62.96.
Stop-Loss: 61.99.
Target price levels: 64.30, …
The entry point at the pullback B is forming. The ascending wave structure is truncated. There is bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought state.
Trading idea:
Sell at the formation of the descending wave structure, where the A wave breaches the sloping channel …
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