Each round contains three cycles of waves. We are looking for a correlation between Wave one in Round Two compare with behavior of Wave One in the first cycle of Round One. Im expect that AUD go lower till the place marked for reveres to bullish or continuation of bearish.
Interesting short setup. How did you decide on this specific pair?
Japsianv2
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@TheFxAce, When analyzing waves, I usually observe the first three rounds to follow the balanced waves, while the fourth wave either mirrors the previous round or continues with the same cycle.