Browsing Category

AUDUSD

AUDUSD Triple ZigZag in Its Final Leg

AUDUSD seems to be forming a triple zigzag in cycle wave b. The bullish pattern consists of primary sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The current structure suggests that we are in the final wave. Wave Ⓩ is a standard zigzag (A)-(B)-(C) of the…

AUDUSD Trend Poised to End Soon?

AUDUSD's pattern resembles a triple zigzag consisting of waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. The first four parts of the primary degree pattern seem fully complete. Prices suggest that the correction wave Ⓧ has ended.  This is a potential signal that…

AUDUSD Impulse Not Finished Just Yet

AUDUSD seems to be forming a zigzag consisting of primary waves Ⓐ-Ⓑ-Ⓒ. With waves Ⓐ and Ⓑ complete, we can expect wave Ⓒ to complete the bullish pattern soon. Bulls have managed to complete minor sub-waves 1 and 2. We can expect the…