Hello good time
I hope you had a great week my friends
Pounds = Australian dollars
The beginning of the price of 1.59396 is an impulse pattern which is wave (1) and then a mixed pattern or a flat pattern which is wave (2) and then another impulse pattern which seems to once again reach the highest price limit of 1.88293.
And then a correction pattern of any kind and in the range of 50-60% and then the bullish market continues.
Another possibility is that the market has not yet matured and is forming a big diagonal, which will form the remaining waves (4) and (5).
And then a large correction pattern and finally wave (3) of the impulse pattern which finally make the bigger cycle.
Maybe it is a big zigzag pattern on the daily chart????
Good luck !
Sales = HIGH
Buy = LOW
I hope you had a great week my friends
Pounds = Australian dollars
The beginning of the price of 1.59396 is an impulse pattern which is wave (1) and then a mixed pattern or a flat pattern which is wave (2) and then another impulse pattern which seems to once again reach the highest price limit of 1.88293.
And then a correction pattern of any kind and in the range of 50-60% and then the bullish market continues.
Another possibility is that the market has not yet matured and is forming a big diagonal, which will form the remaining waves (4) and (5).
And then a large correction pattern and finally wave (3) of the impulse pattern which finally make the bigger cycle.
Maybe it is a big zigzag pattern on the daily chart????
Good luck !
Sales = HIGH
Buy = LOW
