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shahrukhshafiq

AUDNZD - 1H - Rising Wedge - Short Position

Short
Australian Dollar / New Zealand Dollar (OANDA:AUDNZD)  
shahrukhshafiq  
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators AUDNZD Rising Wedge bullishpattern shahrukhshafiq shortposition
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trendanalysis chartpattern indicator audnzd risingwedge bullishpattern shahrukhshafiq shortposition
In this chart we have observe it is an Uptrend with HH & HL.
then we spotted a Bearish Divergence in the RSI.
with that we see the price is start shrinking creating a Rising wedge. which lead us to take a short entry
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