Tradesmanship

(AUDUSD) Daily - Speculation and Analysis

FX:AUDUSD   Australian Dollar / U.S. Dollar
We basically have a wedge here, so we need to wait for market to react.
If we break the upper the trend line then we buy.
if we break the minor trend line ( dashed line ) we sell conservatively.
if we break the major trend line , we sell.
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Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
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Trade closed: target reached: closing long with 50 pips, waiting for a short entry.
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