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Starting from the May 12 low at 1.10649, EURUSD seems to have formed a diagonal pattern—shaped like a rising wedge. Based on where it appears within the larger trend from the January 13 low, this ...
The chart below shows the structure of an ending diagonal is 3-3-3-3-3, which means that three waves in each wave (i, ii, iii, iv, v) of the diagonal must be shown, before the pattern will be ...
We also identified an ending diagonal pattern in Feb 2007 before the sharp decline into the Mar lows. These charts are only a guide so that you can follow the action and watch for the expected ...
Wave (v) of the five wave impulse was a diagonal pattern. Diagonals will either begin a new sequence or end a larger pattern.
We also identified ending diagonal patterns for the markets in Feb 2007 and in July 2007 before the sharp declines into the March and August lows. These charts are only a guide so that you can ...
This is indeed the case and surprisingly it is the same pattern; TLT has formed a multi-year ending diagonal on the weekly chart too. This means we have an ending diagonal inside an ending diagonal.
this pattern is losing momentum and at risk of a sharp move up. Another key point to consider is distinguishing the difference between an ending diagonal and a triangle. Triangles tend to move ...
We are looking for a complex wave 5) leg, as it seems that the market is forming a (W)-(X)-(Y) pattern in larger wave ... Above is one of three charts posted on this commodity to members ...
After having several months to more freely float, the patterns are becoming technically significant again. GBP/CHF appears to be placing the final wave higher on a diagonal pattern and suggests a ...
USD/JPY is finally topping out this year at our 162-164 resistance area, where we called the end of a big ending diagonal on the daily chart ... point of the wedge pattern, which we see it ...