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Syedbilal

PAIR: AUD/USD - LONG - FALLING WEDGE

Long
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
Syedbilal  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
Looking at the recent price action on AUD/USD prints a clear FALLING WEDGE pattern

Trend: Bearish trend with consecutive Lower Highs and Lower Lows
Divergence: Bullish divergence found
Pattern: Reversal pattern FALLING WEDGE
Confirmation/Breakout: Waiting for it


Account Size: 10300
Risk: 1%

Amount at Risk: 103 USD
Sizing: 0.335 Lots

R:R = 1:1
Entry Point: 0.669474
Stop Loss: 0.666403
Take Profit 1: 0.672545
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