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SEYED98

Weekly Harmonic Pattern Analysis Of AUD Index

Australian Dollar Currency Index (TVC:AXY)  
SEYED98 Updated   
TVC:AXY   Australian Dollar Currency Index
Harmonic Patterns
6
0
harmonicpatterns
the detail is shown in the above Idea.
I made this Idea based on Candlestick Analysis and Harmonic pattern.

  • Bearish Trend of AUD Continues.


  • AUD buyers try to reverse the AUD trend in region F 0.618-78.6.

  • it is much more probable that AUD Continue bearish trend toward level 1.27



Comment:
Trend of candles is forming a Butterfly pattern.
snapshot
at this point (point D) AUD will be strong and tries to fly higher and higher to touch golden level.
Comment:
BEARISH CRAB WILL START AT 66.6
snapshot
Comment:
A bearish crab pattern started at 66.66
now axy walks on fire wall .
Therefore, two scenarios are possible.
snapshot
Fibonacci ratios are one of the most powerful and easiest trading tools in your investor’s toolbox. It provides excellent guidance for when a trend will end and reverse course.

GOOD LUCK.

SEYED.
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