Potential Short on RELX

By jason_rpprt
Updated
snapshot

RELX is currently in an ascending wedge with bearish RSI divergence. Look for a break of trend or pullback to supply zone for entry, stoploss at last swing high with target at bottom of wedge also could be a bigger move if breaks down out of wedge so will be using a trailing SL if it gets there, moving SL to BE when safe to do so.
Comment
Did not break trend NO TRADE
Chart PatternsnyseRELXshorttradeTrend AnalysisWedgewedgepatterns
jason_rpprt

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