Fx_Trader_ViSa

AUDUSD Short Trade In Expanding Wedge.

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD is in a long term uptrend from the last couple of weeks. We might see a continuation of the trend. At the current level, it is trading in expanding wedge pattern, which indicates volatility in trend. According to chart pattern analysis, we might see AUDSUD trading in expanding wedge for numerous times. One can initiate short side trade with the proper risk management system and stop loss.

Thank You.
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nice chat
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Fx_Trader_ViSa john_stuart
@john_stuart, Thanks Mate..good to see you comment..!!
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thanks for sharing, I have a different view on AUDUSD, price is holding nicely above its trend line :
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@FXCM, bit of my trade insight for you..!! TGT1 /TGT2

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Nice work dude
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Fx_Trader_ViSa plancton0618
@plancton0618, Thanks Mate. do check updated Idea...
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