AUD/USD D1 - Beraish B-Fly and Crab patterns projections

Pair broke channel, pushed by OIL price, and is going to test next resistance level at 0.76. A bearish butterfly and Crab pattern in play. Good for long positions in lower TF’s.

For short position on D1 chart: wait for bearish divergence and reversal bar pattern inside PRZ box

Commentaire:

It looks like the Crab pattern is "taking control" here... I can see a bearish divergence on D1 chart and a bearish pin bar. I will try to go short from the bearish 3-drive pattern on H4 chart.