RTED_Investing

GBPAUD 4H Rising wedge + RSI Divergence

Short
FX:GBPAUD   British Pound / Australian Dollar
On this 4H chart for GBPAUD, you can notice that the price is forming a potential Rising wedge. The price is currently hitting a strong Resistance range. The wedge can provide a breakout here or go to a higher level and still provide a valid breakout. Monitor for development around those levels

Additional confluence: Strong RSI Divergence
Order cancelled:
Price broke above the pattern. Pattern is invalidated

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