AUD unknown

getting close...not sure if the boys here are into EWT or...

  1. 1,374 Posts.


    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...




 
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