AUDUSD, the price will revisit 0.6000 again...
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AUDUSD
The price has been following an ascending wedge pattern, price broke below the wedge and after retesting the wedge's trendline the price again started falling,I expect the price that price will fall to 0.60000 level again..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 5hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
AUDUSD
The price has been following an ascending wedge pattern, price broke below the wedge and after retesting the wedge's trendline the price again started falling,I expect the price that price will fall to 0.60000 level again..
For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 5hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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