Thursday, December 29, 2011

5 waves Trunicated!!!


So yesterday I pointed out on a possible A B C expanded flat for NZD and WHY... But the impulsiveness of 5 waves "everywhere" had me on high guard for big turns...

In reviewing AU 5M charts--- That 5 waves down the C waves on AU AJ NZ--- on AU it turns out is a trunicated 5 waves DOWN Which is very bullish.

Counting a couple of different ways- Its tough to follow the subminutte stuff- we should retest ~1.0112 today in a small 5 wave pattern (c of II)