Could be good long entry. Rsi is showing divergence and we have falling wedge. If we break above we could have a nice move up.
Have stop loses at 7200 or 7000 area. Good luck
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Trade going good, next leg up could take us to 9300, I am looking for RSI to go above 57 and we might even reach higher targets, if big falling wedge plays out we could be in bull market again but its way too early to talk about it.
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First target 9200 reached. Lets see if bulls will push it above to upper 9k range, or we go once more to 8k and after up.