AUDUSD 4H Rising Wedge Sell

Rising wedge pattern to sell occurs as a pattern on the AUDUSD
See Stop Loss and Take profit on the chart.

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Take Profit when there is a reversal candle is closed on the 4H Chart

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Stop Loss set at 75 points above the Red 10 EMA
Because on the AUDUSD price can move 50 points on average
From the 5 MA in both directions.

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Another look at the AUDUSD Rising Wedge

Trade stängt manuellt