FX:AUDUSD   Australian Dollar / U.S. Dollar
Looks like a nice bearish wedge with a nice setup at the high. It is getting a bit over extended now, so it has to make a drop very soon, within a few hours, otherwise it might break out sideways and simply move up. So when it takes too much time, i will simply close it again, since it's also against that resistance line on the left.


Previous analysis:
Comment: If the curved line breaks, it will prob start to drop, above it, it could still hold

Comment: This wedge seems to be failing, taking too much time and that support is not breaking. So i am going to wait for that support zone to break. It could still happen coming hours, if it does, i will jump in, if not, letting it go

If you want to support me, my affiliates:

Bitcoin futures trading, 10% discount: http://www.bitmex.com/register/5UpPrj
http://www.binance.com/?ref=35269417
For copy trading FX at Etoro: https://etoro.tw/2HjrI9X
Public Telegram Channel https://t.me/botje11
Thank you david for this trade it didn't worked out but it was a nice R/R
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out