AUDUSD - Noisy Little Crab

AUDUSD 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.


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