Clear bullish divergence on RSI in conjunction with dodji makes me looking
for selling opportunities.
as you see, from August 15, the market established a rising wedge,
bearish breakout of this wedge will trigger selling reaction from many traders so
probably we will see a nice rally to the market low
(but, dont be caught in a trap, wait for clear confirmation after breakout).
I would set stop above 1.18,
target would be based on market low!
Comment:
support is violated
Comment:
breakout
Comment:
hit target 1
Comment:
target 2 hit
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