ermalalija

GBPAUD SHORT POSITION

Short
ermalalija Updated   
OANDA:GBPAUD   British Pound / Australian Dollar
RISING WEDGE FORMED ON H1 & H4
REACHED TOP OF PREVIOUS RESISTANCE TREND. MIGHT BE A GOOD SHORT IF THE PRICE STAYS BELOW RESISTANCE LINE
STOCHASTIC SHOWING OVERSOLD
Trade active:
EMA 78 Holding nicely (Forgot to put it on chart, sorry)
Trade active:
Resistance Line (Orange) holding nicely soon big drop expected. Just waiting for price to break rising wedge and for a confirmation
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.