jason_rpprt

Potential Short on RELX

Short
jason_rpprt Updated   
BATS:RELX   RELX PLC PLC

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

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