AIR/USD: Pattern Shows Correction Bottom Could be Approaching

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·@haejin·
0.000 HBD
AIR/USD: Pattern Shows Correction Bottom Could be Approaching
<center>![](https://steemitimages.com/DQmbzwe5WDACbLUWv3nXc3hJo9Lox2xBTkXtM28gLeRozox/image.png)</center>
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**SUMMARY**

Could AIR/USD be almost done with the handle formation of the Cup & Handle? Given where the Apex (the point where the two triangle lines intersect) lies; time is running out for a breakout to take place. The seller impact has also dwindled significantly given how price has staye well within the tuop and bottom lines of the triangle. This means that shortly, price mobility will dwindle to minimal.
![](https://steemitimages.com/DQmcqiKfjjNKsvTDD1iVNMVnNyxGkyiyd4WDbtKReEF19LS/image.png)

A closer look of the subwaves of the downward pointing wedge show a clear abc (white) while the blue ones mark the five of wave c. There is a likelihood of a lower low to complete the pattern.
![](https://steemitimages.com/DQmRJvcQ85JG2bwdh76yrMq79mTp2WgKria7viAfy7dGDM3/image.png)


**Legal Disclaimer**: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes. </center>

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