We Have Found Rising wedge in AUDNZD, The chart we are Doing Analysis is 1 Hrs.
There is 12 Pips Risk and 64 Pips Reward You can take Entry Now or Wait for Rising wedge Break to Downside.
On the technical analysis chart, a wedge pattern is a market trend commonly found in traded assets. The pattern is characterized by a contracting range in prices coupled with an upward trend in prices or a downward trend in prices.
Credit: Wikipedia
Note: This is only for Educational Purpose this is not Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.