AUDUSD LONG - DEEP CRAB PATTERN

2017年8月1日

Going as anticipated. The price is about to complete the Deep Crab Pattern @ 161.8% Fib extension ratio. I am so happy with the progress. Let us see how will the price will react after hitting the 161.8% zone. But i am looking to go short. I am going to watch for the price double top formation and wait for the proper selling signal. I believe the price is over bought now. the big guys are just trapping the traders to go long. they know once the price hits the 161.8, they're sending the price down. So lets see how this plays out. :)

Kind Regard