BoonHooi

Technically AUDUSD is at a critical level

Long
BoonHooi Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
Potential falling wedge formation on the H4 chart
- Inverted Head and shoulder pattern
- waiting for confirmation, breaking of neck line

Will be patient to trade the breakout confirmation, and this will probably happen tomorrow
Trade active:
Trade was up 30pips.
Resisted at 0.7638/40

Take some profits if need to. Money in the pocket is always good.
Trade active:
I am just up by less than +20pips.
Price has been stuck in this price range since last night.

Don't want this profitable trade to turn negative. Hence moving my SL to breakeven. Risk Free trade for now
Trade closed: stop reached:
Trade hit my protective stops in the morning. Out of the trade at breakeven.

I am still bullish on this pair as long as it does not go below the lows.
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