AUDUSD - Short on Trend line bounce

1. Nov. 2016

AUDUSD Is getting into a wedge formation - Price Hits the trend line and bounces off the Support trend (Green) , Price is expected to hit the wedge resistance line (White) where there will be more supply for the selloff - Shorting could be a good idea - Wait for a confirmation candle before making a move

1. Nov. 2016

Anmerkung

Alternatively, - Price may challenge the upper red large supply zone and use the wedge as support for the breakout

1. Nov. 2016

Anmerkung

1. Nov. 2016

Anmerkung

Hanging man candlestick pattern may indicate Bulls are getting tired

1. Nov. 2016

Trade ist aktiv

T1