EURAUD 1hr 1mo descending wedge

1 Mar 2016

Descending wedge that I would prefer to be on the short side once it breaks that support level because it will be a sharp drop. If it bounces along that support we can expect a grind upwards.

2 Mar 2016

İşlem aktif

Short position @ 1.5037

2 Mar 2016

İşlem elle kapatılmış

I moved my stop up to 1.49265 and got hit since the sharp drop I was looking for was over.

2 Mar 2016

Not

There could be another push but I see a retracement coming for euro and yen pairs so I want to stay liquid.