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paweld
Jul 18, 2013 7:12 PM

Flat downtrend correction 

Australian Dollar/U.S. DollarFXCM

Description

Nice flat downtrend correction has just ended. Three waves up (abc - A), three waves down (abc-B) and five waves up he (C-1-5) ended the pattern. Now we are after first wave(1) (1-5) and waiting for correction (2) to impact to lower areas. We will see tommorow the market reaction...
Comments
paweld
We still have opportunities at 50% ret. Check out new analysis
Nickmail
very nice outlook (2)
Nickmail
failure
Nickmail
possible not lower than 8950
Nickmail
& lets wait end of the day
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