If the wedge is broken, good entry point for long would be 6010-6030, i believe it will hold and give a good scalp opeetunity
SL is 5980, then i will be looking for short opportunities as this will go to 5500.
6400-6450 is good resistance breaking that will mean that we would be validating the falling wedge scenerio on daily (chart posted earlier) and i will be bullish
My trades are set as :
Short 6380-6410 (Sl 6460)
long 6010 (Sl 5940)
SL is 5980, then i will be looking for short opportunities as this will go to 5500.
6400-6450 is good resistance breaking that will mean that we would be validating the falling wedge scenerio on daily (chart posted earlier) and i will be bullish
My trades are set as :
Short 6380-6410 (Sl 6460)
long 6010 (Sl 5940)
