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shahrukhshafiq

AUDNZD - 4H - RISING WEDGE - Short Position

Short
Australian Dollar / New Zealand Dollar (OANDA:AUDNZD)  
shahrukhshafiq  
OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Chart Patterns AUDNZD Rising Wedge bearishdivergence shahrukhshafiq
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trendanalysis chartpattern audnzd risingwedge bearishdivergence shahrukhshafiq
In this chart we have observed a Rising wedge in which price is continuously rising and volumes are started shrinking. In this condition the buyers loose interest in buying on that high price. So as we spotted a Bearish Divergence and it will take a slight dip to the TP we suggested.
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