EURUSD - Ending Diagonal pattern
EURUSD - Ending Diagonal pattern and the probability of completing the uptrend in wave B.
In 240-minute chart at 5th wave from C point, it is likely that the price is forming a Diagonal Pattern, which by ending of that, a large downtrend will be started. According to the current wave count, only 3 waves of this pattern have been completed and this is the only existed scenario.
In continuation, you can see the daily and weekly analysis as follows:
In 240-minute chart at 5th wave from C point, it is likely that the price is forming a Diagonal Pattern, which by ending of that, a large downtrend will be started. According to the current wave count, only 3 waves of this pattern have been completed and this is the only existed scenario.
In continuation, you can see the daily and weekly analysis as follows:
Penafian
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