Short on WXG

By jason_rpprt
Updated
snapshot

WXG is currently in an ascending wedge with bearish RSI divergence with the MACD rolling over and on a smaller timeframe has formed another ascending wedge also with bearish RSI divergence. Look for a break of trend on smaller timeframe for entry, SL at last swing high with target of $1.74, moving SL to BE when safe to do so.
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ASXChart PatternsshorttradeTrend AnalysisWedgewedgepatternsWGX
jason_rpprt

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