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Wavetrendtrading
Jun 12, 2022 11:12 PM

AUDUSD Short

FX:AUDUSD1D
Australian Dollar/U.S. DollarFXCM

Description

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Bearish wedge formation which was created under the Kumo cloud shows strong indications for a downtrend. Sellers are gaining strength as shown by the CVD. The take profit level is at the start of the bearish wedge.

Comment

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