AUDUSD Rising Wedge or Bullish after Break of Structure???
I tend to thing that is a Pennant, but beyond that, the Structure of AU is changing. The Daily timeframe already printing higher highs and higher Lows. Structure was broken at 0.70000 area.
Verdict, if it closes above the Major Trend line, I am looking for the Next higher Low to Buy.
On the other hand, if it breaks outside the Wedge lower trendline, we are in for a niiice Drop.
We are waiting to REACT, not PREDICT>
#Patience
#Discipline
Verdict, if it closes above the Major Trend line, I am looking for the Next higher Low to Buy.
On the other hand, if it breaks outside the Wedge lower trendline, we are in for a niiice Drop.
We are waiting to REACT, not PREDICT>
#Patience
#Discipline