OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Although we are going against the trend, a falling wedge has just formed which indicates a possibility of buying. secondly, a bullish pin bar has just formed indicating that the sellers are losing the momentum of making through the major confluent key zone. this prompts us to buy. this is a swing trade that we ought to look for the buy signals -in the lower time frames.
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.