Trading with the Trend, $EDR

٦ سبتمبر ٢٠١٦

As you can see by looking at this chart, price action has been following the upwards linear regression channel. It has just bounced from trading at the bottom lin reg line and is showing several bullish indications as stated on the chart. My price target is around the upper lin reg line (green rectangle).
Trade valid until price closes below bottom lin reg line.