NickofJupiter

EURAUD Bearish Analysis

Penjualan
NickofJupiter Diupdate   
FX:EURAUD   Euro / Dollar Australia
I am selling this stop with a stop above the 1.4800 level
Looks to be a wedge peaking out at a resistance zone with some MACD divergence
The MACD seems to indicate that there was not as much strength in this recent up swing and perhaps bulls are losing momentum.
Could form a double top and perhaps a cup and handle price pattern.
If we reverse here this could be the correction wave after the big impulse 5 wave count
Komentar:
stopped out

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