Technical analysis that anyone can undertake for themselves.
Previous Blog (now for other than JSE) - https://wavecount.blogspot.co.za/
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Thursday 11 July 2019
USD/ZAR (Daily, Hourly)
The Daily chart shows the Intermediate wave (2) following the cup and handle that brought the change of trend.
The hourly chart sees the completion of (2) via the 5-3-5 pattern of the C-wave
Maybe there will be a multi-year long series of extensions to this Intermediate wave (2). But there again, probably not.
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