Earlier, when I was involved in programming financial software, this motion track was often seen. This is the so-called inverse fractal
. These courses are created by traders using the option. My previous EURUSD
analysis followed the exchange rate to 3 waves. The waves of the 4 waves, however, were just opposite. We now assume inverse fractal
motion, which can last up to 1,1522. The current level is still 0.5% up. Then the inverse mapping of the yellow rectangular wave structure starts. Important. The mapping is done as a percentage, because the vertical scale division is linear. For this reason, inverse fractals are not always obvious.