FX:AUDUSD Aussiedollar could bounce back into the recent range as it hits support and formed an inverted hammer. Entry would be above the wick and stop below the support. Profit target would be the top of the range. Good luck trading! Dave davetromp.net
hey, nice view, congrats. It can looks like a range and I see this point too, but I show you my alternative view, what you think?
dave25981155
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Ahoy fellow shipper :-) (What's in a name...?) Looks like a possible continuation in the long run indeed. A possible scenario is a combination of both. So we just had a bit of a false break. Then price might move up for e retest of the bottom of your wedge patttern. I am not in the trade yet. Price first needs to break above the wick of yesterdays candle. I guess it is all about how you trade it.
Piet.Hein
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yep, agree with you :) When/if it be retesting the wedge will be perfect to sell again, I should take it :D Good luck!
dave25981155
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Time for the continuation as price is reversing again at resistance and 21 sma.