Wedge formation and Break out continuation for AUSSIE

US markets stay hyper inflated and the trend is continuing on the same path. UP!
Now that inflation data is out we can trade without inflation concerns.
Concentrating on our tactical entries while minimizing stop losses.

Price is forming a wedge and squeezed upward eventually poised to break out.
Any deviation from this will result in a broken trendline on the downside at which point trades will not be placed.

Trade safe, trade well.

Order avbruten:

Trendline was broken. ABORT!

Kommentera:

what a dive!!