AUDUSD Bearish Triple Zigzag Underway!
The AUDUSD pair is forming a bearish triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ in the long term. The final primary wave Ⓩ is a simple zigzag (A)-(B)-(C). At the moment, an impulse wave (C) is formed, consisting of minor sub-waves 1-2-3-4-5. The minor corrective wave 4 which is a minute triple zigzag has ended. Prices could continue to […]
USDCAD Double Zigzag To End Near 1.403
On the current USDCAD chart, we see the internal structure of a large correction pattern similar to a cycle triple zigzag w-x-y-x-z. Now the final actionary sub-wave z is being built. This waves takes the form of a primary double zigzag Ⓦ-Ⓧ-Ⓨ, where the sub-waves Ⓦ-Ⓧ are formed. Thus, at the moment it is possible […]
APPL Double Zigzag Breaks Fresh Lows!
The formation of a corrective trend for APPL stocks continues. This takes the form of a 3-wave zigzag of the cycle degree a-b-c. A complex correction b is currently under development, the structure of which hints at the primary double zigzag Ⓦ-Ⓧ-Ⓨ. The actionary leg Ⓦ and the intervening zigzag wave Ⓧ look complete. […]