Trade idea for AUD/USD

When we look at the chart we can see that the wedge was broken and that it is now retesting the wedge. The first break of the wedge was a fake out so if it now goes back to the wedge and falls again it should be the real drop.

Please let me know in the comments what you think of it.
If you like the idea do not forget to give it a like and follow me for more ideas.
If you have any questions, feel free to PM me.

Trade active

We can see now that the trade has done a fake out and is now after the retest dropping to do a good breakout.

Note

Trade struggling to break out. Will keep u posted

Note

Trade was struggling to break below the 0.692 level. I closed the trade there. Will be looking to re-enter the trade because it is testing the trendline again.

Note

MaBaCapital2

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.

MaBaCapital2