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botje11
May 15, 2019 2:38 PM

EURAUD possible wedge in the making Short

Euro Fx/Australian DollarFXCM

Description

After the great short trade we did 2 months ago, EURAUD had made a big rally past weeks and it has to make a correction sometime. With this possible wedge in the making, we might be able to catch the high for a decent correction. It's not a great wedge, because it could possibly be a ascending triangle instead. So i want to see a few more rejections first before thinking about a partial profit.


Comments
majormajor
Thank you, keep the FX coming!
DK_Investment
I agree with you, nice analysis - Market is near strong resistance and I expect almost the same target.
Dojari
another nice analysis - getting a bit much too watch now but I'll take a look. Thanks and another like :)
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