AUDCAD Wedge Breakout - Sell Signal

My bias is still a sell in AUDCAD, see past ideas.

1. We have broken strong up trend line
2. We have had price retest the backside and bounce down strongly.

Watch for a break below the wedge then look to sell at break or backside of bottom wedge pattern.

TP @ 0.9437 area

Good luck trading!

Let me know if I can help in any way!

Charles V
ww.cvfxmanagement.com
Trading made simple.

Commentaire:

Price broke north of wedge, sell not taken. Price currently at past resistance, good price to sell downwards.