It's a bit premature to draw such a deep ABCD for the Aussie, but just in case...

Bottom of the range. I can't see, in this case, 'former support now becoming resistance', as they say, but you never know. I'll be watching...

I can't believe how it 'sees' that, especially when the line is drawn in the most conventional and obvious way. Just waiting for it to break...

Time to get the suckers.

There it is!!!

Watch closely in here around this 79.

Hopefully it won't stop it, but if they just wanted suckers, this will do.

Here it goes!

Give it to me, baby.

Careful, though, this looks like a last push and then dump layout.

See?

Originally posted by jimkane

Watch closely in here around this 79.

It looks like nothing but chaotic chop, but in my opinion, it's not. I think they have programs they set to run that just do these manipulation patterns, because they know the reactions they will create, and they just run and take all the suckers money, time after time. It's not just the dips they create, it's how they look when they happen, how fast the move is, how it will affect sucker traders, where they happen, and so on. The way they happen right at key obvious lines, though, makes me wonder if they aren't human directed. If not, the programs are far, far 'smarter' than I would even think possible, they would have to be so 'smart' that it actual would scare me. The ability to differentiate which lines suckers would watch, and then adjust the program games around that, holy cow... Frightening.