Range Trading With Bearish Expectations

Market situation of the last weeks hasn’t changed. There is going to be a sell pressure until the price breaks above $850. The falling wedge is still in play, break below $760 could result into more sell orders, therefore quick price decline and finally some decent profit.

Sell: 811    Stop-loss: 824    Take Profit: 780; 770; 720
Buy:  838        SL: 819            TP: 842; 848; 895