AUDUSD - Bullish Rally Expected Off Crab Pattern
AUDUSD seems to have completed a bullish crab pattern on daily TF. We can expect aggressive bullish rally off the support base of crab pattern. We have already seen price breaking above a recent sideways range. Now price seems to be pulling back to retest the support base and then is expected to continue with the bull run.
Note
Time to book partial profits as retracement expected from resistance.
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.