AUDUSD bouncing in wedge before breakout

I'd look for price action to stay in this wedge (closing) until finally breaking out. If it's downward, I'll try to short. Since we're in a major down-trend, I won't be a buyer.

Kommentera:

Ok. I've got my close below the line, which is my signal (but not my trigger). Sometimes these fake back up, which means I prefer to trail the retracement with my short order.