GBPAUD - 240 - Still in a falling wedge
Updated
Trade idea.
Normally, a falling wedge pattern tends to break to the upside, but so far, the pattern is taking its time. This is why we will remain neutral for now and wait for a break through one of the highlighted areas, before examining a further short-term directional move.
Don't forget your stop-loss.
Normally, a falling wedge pattern tends to break to the upside, but so far, the pattern is taking its time. This is why we will remain neutral for now and wait for a break through one of the highlighted areas, before examining a further short-term directional move.
Don't forget your stop-loss.
Note
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