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unique4x
Jun 9, 2015 12:14 AM

Waiting for a Wedge Breakout on AUD/JPY Long

Australian Dollar/Japanese YenFXCM

Description

AUD/JPY creating a wedge pattern on the 1H chart.

We will be taking a long with a break of 96.040 which will be approximately 20 Pips above the top wedge line. If this pair breaks lower we will be taking a short with a break of 95.350 which will be approximately 20 Pips below the lower wedge line. Our algorithm is pointing higher with a 86% chance, more info at forextrading.unique4x.com
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