michaelarias
Long

ASX (AUS200) - B Wave Looks Complete - Reversal In Progress

FX:AUS200   S&P/ASX Index
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The B wave of the this unfolding zig zag looks complete.

A bullish engulfing candle on the hourly chart is a confirming signal that the 5 wave C wave is complete.

This next move up should be a nice trade.
DOH
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