Ford Trading Analysis (28/01/2025)
The trend is descending. The stock is trading in a range between 365 and 135 ЕМАs. The ascending wave structure is truncated. There is a bearish divergence on the Awesome Oscillator.
Trade idea:
- Sell when the formation of the descending wave structure begins, when wave A breaks the sloping channel of the ascending truncated structure.
- Stop-loss at 10.43.
- Price targets at 9.96 and 9.56.
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