FX:AUDUSD   Australian Dollar / U.S. Dollar
8
UPDATE:
DO NOT HOLD YOUR SHORT FOR TOO LONG. LONGS ARE COMING RIGHT UP AT THE BOTTOM OF THE WEDGE. UNLESS A CLEAN BREAK PRESENTS ITSELF.


WEDGE PATTERN WITH MANY VALID BOUNCES.
TRADE THE BREAKOUT OR TRADE THE WEDGE ITSELF?

CURRENT H4 BAR IS VITAL.
IF IT CLOSES A PIN BAR, WEDGE COULD BOUNCE OFF ONCE AGAIN.
HOWEVER NOT THAT LIKELY CURRENT H4 WILL CLOSE AS A PIN BAR DUE TO SLOW MARKET CURRENT TIME.

STILL, KEEP A LOOKOUT :)

UPDATE:
H4
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.