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Consolidation before Weekly Wave 5
British Pound / Australian Dollar
Consolidation before Weekly Wave 5
By UnknownUnicorn6293208
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Updated
May 12, 2020
4
May 12, 2020
Just to give another view point of what is going on within the Weekly set up.
In the 1 Hr chart we have ABC pattern developing within a Triangle Pattern Consolidation.
This was similar to another similar to another consolidation pattern 2 weeks ago on a 30 Min with a big wave to the upside before reversal.
Being that I'm looking at the 1 Hr chart, this is going to be a big wave to the upside in the works. Can't wait to position in this one.
Happy Happy Hunting.
May 12, 2020
Note
For those who are Elliot Wave Theory traders, I apologize ahead of time, should had used ABCDE instead of numbers, don't want to confuse you guys.
Chart Patterns
Technical Indicators
Trend Analysis
UnknownUnicorn6293208
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