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Wave-Trader
Jul 4, 2016 10:20 PM

Fall Coming Soon  Short

S&P/ASX index of Australian listed sharesFXCM

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Fall Coming Soon

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Sorry Guys wrong link was posted here is the update.

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This is how structure,waves and patterns identification works amazingly guys. Here is the update.

Comments
UnknownUnicorn384398
AUS200 is going south, Elliot wave rule was broken where wave 4 went into the price territory of wave 1. Im looking for lower prices.
Only-ASX200
Do not short AUS200 until the new PM of Australia is Elected, Use Fundamental Analysys instead of Technical until the new PM is in.
Is been 5 Days and still waiting on that new PM
Olu
good point
hehe
... on first sight, it look like the descending broadening wedge.
Wave-Trader
yes you are right hehe its descending broadening wedge or channel
Olu
I will be selling a break of 5220
Wave-Trader
Good Luck Olu
Only-ASX200
Do not short AUS200 until the new PM of Australia is Elected, Use Fundamental Analysys instead of Technical until the new PM is in.
Daniel_Musah
Thank you. I am honoured to receive your reply. Thanks for your setups. Will keep in touch.
Wave-Trader
My pleasure mate
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