FX:GBPAUD   British Pound / Australian Dollar
As we can see there is a test of the wedge. I personally want to wait a bit for the wedge to be broken en have a fakeout. After the fakeout there will be a restest of the wedge.When this happens I want to ge long and activate the trade. We can also see that the 30 levels of the RSI has been broken just a little. This is also an indicator that the price will go up.
Let me know in the comments what you think of it.
Comment:
This one is the same as the other one. Because it is a slow market and we are looking at the daily time frame there is not a lot of movement. Just have to see and wait for next week and hope that the market will be a bit more violent.
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