AUDUSD - New Higher High till 2019?

So you could count the Australian dollar against the US dollar as abcde formation. Breaking out of the two red trend channels (strong & weak falling), I would expect the activation of this trading plan on a weekly basis.
The target point would be on the AC line and should be in the 0.84 range, depending on how the move develops in the next 9 months. On a daily basis, there is also a beautiful hammer candle from the 15th of August.