5 waves up/ 5 waves down or 5 waves down 5 waves up-- always taught as reversal...
AUDUSD- 5 waves down-- but is it 5 waves up? Sellers hit today in prior region and at 50%- so have to wait and see... (cause it could be a wave 2 of 1)
EURAUD-- Looking For wave 3 to extend downward (IIRC a few weeks ago pointed out wave b extended past 1. Now all bulls from June 2013 to present are suckin it.
EURNZD- well I guess its in free fall now...
GBPNZD- well got watch and see if it continues the decline...
GBPAUD- Had this one on the radar for a long time watching that triple top play out...