WAVES looking to break 2 big downtrends soon

Waves is about to test 2 big downtrends in the next few days. If is does manage to break this, I can see it make a big move.
Look for entry at the 6983 level (or close to it). This is a trade you would want to monitor carefully.
Your initial stoploss will be 6870. However, your stoploss will be moving along with the trend every day.
First target will be 7833, 2nd target will be 8031 and final target will be 8300.