anilmangal
Short

AUDUSD STILL IN THE WEDGE

FX:AUDUSD   Australian Dollar/U.S. Dollar
754 20 67
AUDUSD             is making the E WAVE OF A CORRECTIVE WEDGE ,This leg don't always go to the top of the wedge so selling here on 15 mins bear flag and moveing stops to BE for the bigger move down is a good plan. If it makes another leg up to finish the E leg then I will take a BE trade and look for sell at the top.
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IvanLabrie PRO
2 years ago
Agreed, I'm seeing the exact same formation in crude oil and other usd pairs.
And definitely common to see them not reach the trendline again on the last wave.
Reply
anilmangal TOP IvanLabrie
2 years ago
thanks
+3 Reply
ski4ever PRO
2 years ago
Great heads-up on being careful here.
+2 Reply
anilmangal TOP ski4ever
2 years ago
thanks
+3 Reply
spanesar PRO
2 years ago
Thanks, will monitor carefully
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