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jetly232
Jun 9, 2020 6:58 AM

AUDUSD - SHORT Short

Australian Dollar/U.S. DollarFXCM

Description

Daily has been forming a rising wedge and it has completed the 3 touch completion of the pattern.

Was not able to enter the trade at the top. will look to enter on the next continuation pattern that imprints to go short targeting the bottom ray line.
Will enter the trade of the next setup that develops gives me a minimum of R:R = 1:3.

Comment

Price moving good as forecasted. Will wait for the pattern to develop
Will wait for minimum of 6-8hrs candles to form and also has clear 2 tops and 2 bottoms before i consider placing and entry order.
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