Trianglepattren
A beautiful triangle patternAn diminishing triangle pattern has formed between the trend line (in orange) and the support line (again in orange) at 75.2.
75.2 is a strong support and has supported the scrip 4-5 times since 8th June. I am betting slightly higher on the breakout happening on the downside. The second wave has led to serious outflow of USD to other currencies (EUR, YEN, CNY).
Let's see what happens.
AUD WITH ASSCENDING WEDGE PATTERN FORMATIONWe can see a clear ASSCENDING WEDGE PATTERN FORMATION on AUDCHF Currency Pair In D1 Chart which may result in breakout either side, our prediction is that it might break downside itself because it has just now retested a heavy resistance 3 times which can even be considered as a TRIPPLE TOP FORMATION, But take your trades based on breakouts and enjoy with a minimum of 250 pips either side
ALL THE BEST TRADERS
[Positional] PVR nested inside barsWait for a candle to close outside the triangle on long or short side and next day, buy when that particular candle is broken.
Target and SL will be posted when trade triggers