Despite the recent sharp drop in price, we are starting to see a weak upward trend being developed. If the RSI manages to bounce off the drawn support level, it is further confirmation for the long setup that is happening. However, if the price breaks off the triangle, we will need to wait for later opportunities for long or even to short.
Comment:
I'm guessing that this uptrend is just going to be a push. I've set my target to be 9800, however, if we break off the triangle sooner, I will readjust target to a higher price.
Trade closed manually:
Closed trade at 10% profit. Not bad :)