Aussie Inverted Hammer of support back in range

FX:AUDUSD   Australian Dollar / U.S. Dollar
Aussiedollar could bounce back into the recent range as it hits support and formed an inverted hammer . Entry would be above the wick and stop below the support. Profit target would be the top of the range.
Good luck trading!
hey, nice view, congrats. It can looks like a range and I see this point too, but I show you my alternative view, what you think?

davetromp Piet.Hein
Ahoy fellow shipper :-) (What's in a name...?) Looks like a possible continuation in the long run indeed. A possible scenario is a combination of both. So we just had a bit of a false break. Then price might move up for e retest of the bottom of your wedge patttern. I am not in the trade yet. Price first needs to break above the wick of yesterdays candle. I guess it is all about how you trade it.

Piet.Hein davetromp
yep, agree with you :) When/if it be retesting the wedge will be perfect to sell again, I should take it :D Good luck!
davetromp davetromp

Time for the continuation as price is reversing again at resistance and 21 sma.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out