Lots of indicators showing reversal on the Aussie anyway, and looks like they're chilling on the interest raises too, so makes sense. When fundamentals jive with patterns...yummy.
At any rate, didn't see this indicator in the thread so thought I'd add it. Some have been looking for indi's that will show the patterns. Lots of the ones I've seen only show the patterns once they are completed and reversed though, so doesnt help much in trading. As you see, this one does put up potential pattern completions. The Kor indicator I think does as well but I dont understand it to that level yet.
By the way, comparing the two in these charts...the pattern indi may have missed the big pattern, or it could be that it was just too far in the history to care to display it. Kor did display it, but doesnt display the potential completion of the next one. At least thats what I see so far.
At any rate, didn't see this indicator in the thread so thought I'd add it. Some have been looking for indi's that will show the patterns. Lots of the ones I've seen only show the patterns once they are completed and reversed though, so doesnt help much in trading. As you see, this one does put up potential pattern completions. The Kor indicator I think does as well but I dont understand it to that level yet.
By the way, comparing the two in these charts...the pattern indi may have missed the big pattern, or it could be that it was just too far in the history to care to display it. Kor did display it, but doesnt display the potential completion of the next one. At least thats what I see so far.
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