getting close...
not sure if the boys here are into EWT or
understand the cyclical nature of it but
im finding confirmation of impulsive moves
usually occur after a major time wise cycle
has nested a low and a reversal chart pattern
has formed...
if we are on a 20w cycle then a peak
isnt to far away...
im finding after studying numerous chart patterns
that impulsive moves usually start after the
third low (as long as that low isnt to high in
magnitude), so not sure about the extension...
fld lines suggest a peak of the 18m cycle and wave
completion around feb next year
(backtested to around 90 odd %), so we will see
what transpires...
if legs 1 and eventually 3 end up short then
im expecting leg 5 to be the longest...
its interesting how much the XJO is physically
lagging at present as the AUD has broken a
previous major high...
either way i agree more or less with the 'gentlemens'
assessment...
AUD
unknown
wave three top ? , page-2
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