UrbanRecession

4h and 1D short

Short
UrbanRecession Updated   
FX:EURAUD   Euro / Australian Dollar
Bears in control until 1.5800 - 1.5850 area where the rebound is expected due to positive 1W Stoch RSI in play.
Trade active:
Descending broadening wedge forming. Bulls failed at taking the March 27, 2018 high (1.61469)

Trade active:
Comment:
The daily candle begins to look ugly.

Trade closed: target reached:
Trade closed at 1.60721. Small profit taken.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.