AUDCAD Wedge Breakout - Sell Signal
My bias is still a sell in AUDCAD, see past ideas.
1. We have broken strong up trend line
2. We have had price retest the backside and bounce down strongly.
Watch for a break below the wedge then look to sell at break or backside of bottom wedge pattern.
TP @ 0.9437 area
Good luck trading!
Let me know if I can help in any way!
Charles V
ww.cvfxmanagement.com
Trading made simple.
1. We have broken strong up trend line
2. We have had price retest the backside and bounce down strongly.
Watch for a break below the wedge then look to sell at break or backside of bottom wedge pattern.
TP @ 0.9437 area
Good luck trading!
Let me know if I can help in any way!
Charles V
ww.cvfxmanagement.com
Trading made simple.
Comment:
Price broke north of wedge, sell not taken. Price currently at past resistance, good price to sell downwards.
