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

turn at the 1.27 dbs yesterday

Wow, this short setup here is actually getting some play. I thought it might get none. That may be it there (we'll see), but at least it did something.

Now it's back to the TL it broke out over (on the 1-min) for a 'backtest'. Now we see. Clue time.

The setup is a bearish 4PT. Once it reacted to the GZ it set up the possibility of a 4PT. I'm not really expecting more downside on a Friday into the close, but I do have to be aware this could unfold that way.

More likely, though, the 1-min bullish EXP ABCD will send it up. Or, it could do its favorite lately, chop for the last hour.

Notice how the EXP has both low points right on that TL it broke out over. This is very technically interesting.

Three hits now at that TL.

C'mon, gimme the 67 area... I strongly doubt it, but it would be a lot of fun. It will likely respect that TL on this third hit.

Give it to me, baby.

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.