AUDUSD Preparing for Takeoff

Updated
The price is currently forming a flag pattern, and it has just broken out from this chart pattern, indicating potential for a move towards the next take profit (TP) level.
Note
The trade moved against us due to unforeseen high-impact news that I wasn't aware of. This experience serves as a valuable lesson, emphasizing the importance of reviewing high-impact news before entering any trade.
Chart PatternsMoving AveragesSupport and Resistance

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