ProficientForex

EURUSD - Ending Diagonal pattern

FX:EURUSD   Euro / Dollar Américain
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:


Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.