ENTRY: 3.37 SL: 3.63 TP: 3.06-3.12 - ADX<25. Would like to be higher. - Daily RS -ve - Daily FFI -ve - Weekly RS -ve - Weekly FF +ve - Moving averages are aligned. - Entry based on today breakdown, >3% from 10EMA and rejection of downtrend line.
2 1/2 years to have formed this pattern. looking to breakout to the upside, after a minor pull back to trend support. Easy move here with 5-6% risk. Entry if you've already missed it will be somewhat difficult, either wait for pull back or slowly sizing in or either take the confrimation of handle top. potential 15-50% move depending on your TP targets and term...