Since 29.07.2013 AUDCAD has been in a corrective regular flat pattern and has given us a 3-3-5 sequence till now, so expecting this correction to end for the last final [C] wave which will probably unfold into a five-wave motive sequence to complete the A-B-C ZigZag pattern. In the regular flat: 1 - Wave-(A) developed into a ZigZag internal structure 5-3-5, ending at 1.03500 2 - Wave-(B) developed into a Zig-Zag internal structure 5-3-5, ending at 0.91502 breaking (A) wave's origin by 16 pips. 3 - Wave-(C) developed into a 5-wave ending diagonal motive structure, with a truncated 5th wave as it was unable to break iii. wave's end. Patterns orthodox high slightly broke wave's (A) end, giving us a regular flat pattern.
First target is 0.85775 ( [B] wave's low in the bigger ZigZag pattern) where many Fibonacci measurements cooperate, pointing a High-Probability reversal target.
Thank you ChrisMark! This pair may have a triangle from [A] 0.91687 where is targeting at 1.08-1.09 area, then crashing to 0.81-0.82 for completing a flat?