GBPAUD SHORT POSITION

Updated
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
GBPAUDgbpaudshortoversoldrisingRising WedgeshortStochastic OscillatorSupport and ResistanceTrend LinesWedge

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