Australian Dollar / U.S. Dollar

Long

AUDUSD - Noisy Little Crab

Monthly Analysis - Daily Time frame

Potential Bearish BAT Advanced Pattern 0.886
Potential Bearish Deep Crab Pattern 1.618
Potential EW Impulse Wave (12345)
Potential little Bearish Deep Crab Pattern AC 0.533
Support and Resistance Levels
Moving Averages
Fibonacci Retracement Levels

This is an update from previous weekly chart analysis, which is almost the same as Ethereum - Head in the Clouds Pattern

So Bulish Continuation is 99% for sure. and now for this week's case, the pair is still trying to give a little drama whether there will be a correction or continue the uptrend, if the candle is closed below the magenta SR level. it will potentially form a bearish Deep Crab Pattern. and this is where the hedging strategy is needed to protect the value of the investment.

AUDUSD - Back and North

The Money Journey - Hope for the best and prepare for the worst

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Related publications

AUDUSD - DECOY

AUDUSD - Back and North

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Also on:

Related publications

AUDUSD - DECOY

AUDUSD - Back and North

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.