AUDUSD 4h Potential wedge formation in reaching resistance area

Potential of a wedge formation in the AUDUSD. Resitance level at the highlighted red area. Confirmation of Wedge once breakout to the downside.
Trade closed: target reached
Wedge breakout target reached.Disclaimer
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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.