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ROYAL BANK OF CANADA

RBC LONG

By BrokoFilev
Updated
We are waiting for break up to continue the up trend and to take LONG position
Trade closed: target reached
No we have the break up and confirmation that the trade is going up. For risk takers they can take LONG now at 104.49 with SL 101. However base on volume price analysis we should expect a pull back. Also we might have 3 ways back.
Therefore me personally I will wait for the next waive down to be completed and will open long term position.
Trend Analysis

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