What we see here is AUDUSD declining in a descendant channel before finding Demand near Price 0.67000. The last impulsive move to the downside completed a variant of The Bullsih Shark Harmonic Pattern . At the bottom on the pattern we enter a ranging market with failed thrust to create new Lows; forming equal level supports while making descending Lower Highs-...
analysis based on simple market structure and Fibonacci retracement. Impulse to the downside with double bottom bullish pullback to retest major structure zone. Also appears to be forming a bearish cypher pattern. expecting a push into the red zones and bearish confirmation
