VasilyPonomarev
Short

AUDUSD Close To Sell Zone

FX:AUDUSD   Australian Dollar / U.S. Dollar

hey traders,

AUDUSD  is coming closer to a strong  resistance area  .
bulls are pushing the market within boundaries of a  rising wedge  pattern.
if you want to conservatively trade this setup, the best strategy that you can stick with
is to
1. Let the market reach the underlined area
2. Wait and sell  bearish  breakout of a  rising wedge
3. Target levels: 0.689/0.687
4. Stop will be above the last higher high within the  wedge  .
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❗️VIDEO ANALYSIS https://youtu.be/kz0ea7V57gU

Comments

nice call, huge resistance level
Reply
VasilyPonomarev stewartadams1987
@stewartadams1987, now it is there!
lets see how it reacts!
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What do you think about AUDUSD?
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