UPDATE #1: FULL ANALYSIS: AUDUSD: GREAT TRADING OPPS! +122

Now that this trade has moved in the expected direction as I predicted for a nice gain of +122 pips, I am updating to reflect that I am now taking 50% of the profits off and banking them and allowing 50% to continue in the trade.

Prices reached the completion of a crab pattern (purple) and I made that my TP1. I am now expecting that there may be a retrace before we see this pair resume it's march higher.

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