2020 TRADE 3 - PLAYING THE WEDGE AUDJPY
I still have a bullish bias on this pair.
2 trade plans
Long
Wait for a break of lower wedge and then retrace producing a false break, enter long.
Short
Wait for a solid 4hr bearish close below Wedge enter short.
If and when i enter trade i will post another chart
2 trade plans
Long
Wait for a break of lower wedge and then retrace producing a false break, enter long.
Short
Wait for a solid 4hr bearish close below Wedge enter short.
If and when i enter trade i will post another chart
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.