Cabana Capitals Blog Technical Analysis Continuation pattern on AUDUSD

Continuation pattern on AUDUSD

Continuation pattern on AUDUSD post thumbnail image

The last 7 1 hour candles on AUDUSD formed a Rising Wedge pattern and broken out through the pattern lines, indicating a possible bearish movement towards the price level of 0.6685.

Target: 0.6685 Entry: 0.6707 Stop: 0.6724

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