GBPAUD

Looking like the move has started then (thank god or anyone else for that matter!). It could of course just be another correction in the move up but I hope not.I have dovetailed the 100day cyclic phasing shown in this chart with the longer 54month and samller cycles in my other work, not shown here, and that suggests that this 100 day cycle is the first in a new 54month cycle and I would expect a firm test of that low. This 100 day cycle shown by way of the red dashed line has spent 3/4's of it, just going up basically, in 3 quite neat and orderly 25day cycles, shown by the green dashed lines. This leaves just one 25day cycle to retrace all that it is going to do in the 100 day cycle. The 25 day cycle left will also split down into 3 more lows and highs (waves that is) before the final 100 day low. I have segmented these in the sub chart and numbered the remaining lows, 1-4. In this way, it is hoped that shorts can be banked in a timely fashion and re-entered again when the momentum study suggests time is with it. As I have proven very successfully, it is not always possible to isolate out the Elliott Wave patterns but to have a feel for when a low is due, may help a tad.