Trying to decipher this complex sideways correction = " a difficult place to trade "
Wave a = small flat wedge
Wave b = zig - zag correction. The middle wave is also a correction = expanded flat.
Wave c = looks to be setting up for a zig - zag .
The whole completed wave 4 , then completing an expanded flat correction.
If anyone would kindly add their ideas , I would appreciate it... :)
Wave a = small flat wedge
Wave b = zig - zag correction. The middle wave is also a correction = expanded flat.
Wave c = looks to be setting up for a zig - zag .
The whole completed wave 4 , then completing an expanded flat correction.
If anyone would kindly add their ideas , I would appreciate it... :)
Comment:
Traded pound for a quick scalp of 2 x 30 pips 1.2910 - 1.2880 . I believe the wedge has a D wave to here on the hourly. I think one more leg up before the wedge breaks. :)
Comment:
Looks like wave 4 termination wasn't too far off in this prediction.....:)