wedge is still not fully formed .
Time to sell as its hitting downward sloping line .
If this line breaks ,it will be huge breakout ,though its unlikely .
Taking long here .Details on chart .
Almost all are calling for a bull run ,I beg to differ ,Silver has already broken multiyear bullish trendline and forming a bearish pennant .will take short on monday .
Almost all are calling for a bull run ,I beg to differ ,Silver has already broken multiyear bullish trendline and forming a bearish pennant .will take short on monday .
To make a bottom audnzd should fall further and complete head and shoulder .First target would be completed left shoulder , second target is 1.0202 ,in case it forms double bottom .Taking here AUDNZD short with target 1.0663 target .
AUDNZD short here .
its retesting trendline ,perfectly ripe for taking short position .
keeping in mind long term bearish trend taking short here .
taking short here with 1100 target .