The upper edge of the wedge is breaching in daily chart.The MACD is moving above the 0 axis and the fast line is poking the slow line,in other words a golden cross is completing.
If the breakthrough of the wedge is vaild,it is a good chance to buy long when the market pulls back the breached trendline.
SL:below 1.300
Tg:1.400 and further more
If the breakthrough of the wedge is vaild,it is a good chance to buy long when the market pulls back the breached trendline.
SL:below 1.300
Tg:1.400 and further more
Comment:
The market is still struggling at the upper edge,and if the market cannot break through effectively,short positions can be opened and target to 1.303.
Comment:
The market has broken out the wedge already,and it moves as expected.
