Tuesday, March 19
GBP/AUD H4 & Daily Elliott Wave Analysys
New Elliott Wave count of GBPAUD here.
On Daily chart one can see, that the last sell off was wave 3 of overall cycle and there is a need for one more wave to the downside:
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Na wykresie dziennym widac, ze ostatnia silna sprzedaz to byla fala 3 calego cyklu i dlatego potrzebna jest jeszcze jedna fala w d�l aby zakonczyc pelen cykl:
On H4 chart one can see a corrective formation is being formed: it is either on Triangle (main) or Irregular Flat form (alternate):
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Na wykresie H4 widac, ze sa mozliwe dwie formacje fali 4: Tr�jkat lub Korekta Prosta :
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Forex
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