EURAUD| HTF Ascending Structure + Ascending Wedge Within :)
This Potential Short play is developing beautifully, I took a 1% loss this past week on a risk entry on this but I guess Price was not ready for the drop yet. Now I'll be waiting for the Correction after the breakout for the entry which will also act as our confirmation of the Short bias. Currently our Right shoulder is in the form of an Ascending wedge which is a strong sign that the Short play is indeed on the table.
Related publications
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.