AUDUSD: Aussie could have bottomed here...

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I'm long, there's an explosive technical chart at play here, if it accelerates soon, a very sharp move will start from this juncture.
Copper is also set up to move up explosively, and I see bullish patterns in multiple currency pairs like CADUSD and EURUSD (which we are already long from the lows). Commodities also exhibit bullish patterns, like NGAS, XAGUSD, XAUUSD, Cocoa, Cotton, Soybeans, Ethanol and a few others...Maybe the dollar weakens from here onwards?
Either way, it's a good opportunity to ride a potentially large trend with a relatively tight stop, below recent daily lows or weekly lows, or 1 ATR below -daily tf-.

Best of luck!

Ivan Labrie.
Nota
snapshot
Nota
AUDUSD is inches away from a huge weekly signal
s3.amazonaws.com/tradingview/snapshots/2/2J1xp5EN.png
my long is up some 38 pips from the daily explosion pattern entry
far from an RgMov reversal but, breaking above recent highs ahead of price...
s3.amazonaws.com/tradingview/snapshots/i/iZbASw6v.png
I think we have a major move in the making here...
AUDUSDBeyond Technical AnalysisChart PatternschinaGrowthkeyhiddenlevelsRBArgmovtimeatmodeTrend Analysis

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