19.06.2024
The rising wave structure is truncated. The entry point is forming at the pullback B and the truncated C. There is a bearish divergence on the Awesome Oscillator and a bearish divergence on the Stochastic Oscillator.
Trading idea:
Buy at the beginning of the formation of the descending wave structure, when wave A breaks the sloping channel of the ascending truncated structure.
Stop-loss below the local maximum of the ascending structure.
Price targets at 2152.0 and 2139.0.
#xaueur #gold #metalstrading #tradingstrategies #tradingmt5
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