years on the market

Trading idea for Nestle SA (SIX)

#NESN

The descending pattern of the H1 level is truncated. Awesome Oscillator shows a bullish divergence. Probably an H1 descending pattern is the wave (B) of an H8 level ascending pattern.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (aC) breaks through the inclined channel of an H1 level descending pattern.

Stop Loss: 100.90.

Target levels: 105.12; 106.84.

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