Mercennary

Long at Wedge + Breakout Failure

Long
Mercennary Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
1) Wedge at bottom of Long-term Trendline Breakout Failure, also Double bottom. Strong Bullish Signal Bar, Good Context, Ok Buy for at least a scalp up, depending on Follow thru perhaps reach upper support at 0.7740.
Trade active:
Actually I was wrong about profit target, this is NOT a scalp, this long should be taken as a swing, looking for at least 2legs ups.
Trade closed: stop reached
Comment:
Mistake: Should've set my Stop order with more buffer above bullish bar, got triggered by the spread :(
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