AUDUSD to continue within the rising wedge until it meets resistance around 0.7660 - 0.7670. This is a short term move before the bearish break out of the wedge. There is completed Head & Shoulders pattern on the Daily time frame with a bullish pin bar at the bottom of the right shoulder sitting on a monthly support level. Price should rise to retest the neckline before resuming bearish momentum.
Note
Within 10 pips of target on 4/5/2021, expecting price to reach the target after the current pullback.Note
Price just hit 0.7660 exactlyTrade closed: target reached
The Charts Are My Art.
FiReZ Trading Strategy
Money Printers Trading Group
FiReZ Trading Strategy
Money Printers Trading Group
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.
The Charts Are My Art.
FiReZ Trading Strategy
Money Printers Trading Group
FiReZ Trading Strategy
Money Printers Trading Group
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.