TradingView
kiwiwalnut
Sep 28, 2016 9:18 AM

AUDUSD Bearish Wedge on Daily Short

Australian Dollar/U.S. DollarFXCM

Description

Pattern forming nicely on daily chart.

Look for possible short entries around 0.77

Possible SL above 0.78

Comment

Safer entry will be breaking of bottom trend line if looking to short.

Those looking out for the Trump Factor from election "shock" should stay away lol

Trade active

Entered small position @ 0.7706
Looking for a false break to enter primary short - might come on day of RBA event next week.

Wait and see
Comments
kiwiwalnut


Close up 1 HR - waiting for slightly more upward move / break of lower trend line for confirmation
More