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DesharedPierreJr.

AU providing a hint for a reversal

Short
LAMF Global Ventures Corp. I (NASDAQ:LGVC)  
DesharedPierreJr.  
NASDAQ:LGVC   LAMF Global Ventures Corp. I
Trend Analysis Chart Patterns Double Top or Bottom AUDUSD audusdanalysis buyaudusd shortsetup timeframecorrelation downtrend countertrend reversal lowerhigh
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trendanalysis chartpattern doubletoporbottom audusd audusdanalysis buyaudusd shortsetup timeframecorrelation downtrend countertrend reversal lowerhigh
AUDUSD is currently at its lowest point since breaking out of consolidation on last week. This week it may look to re-test the bottom of the range or the neckline of a confirmed double top bearish reversal pattern. However, the case, this pair is overall bearish. The big move will come from a short. I've noticed that its currently trading around the weekly support and has performed a higher high, would be a trendline break if price wasn't moving so fast but the moving average has already crossed to the upside. If that low holds as support, I'll look to buy to the 38.2 Price reversal zone (PRZ).
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