Euro / ABD Doları
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Potential Ending Diagonal -> 1/3 Risk /Reward

223
The wave pattern may have traced out an ending diagonal since mid-May. This could be either part of a double zig-zag (red count) or just finishing minuette wave iii (black count).

We suspect to be near the most significant bounce in Q2/2018 if we are dealing here indeed with an ending diagonal. The pattern is dead if 1.1544 trades to the downside. We would expect way more extension to the downside if that level gets taken on increasing momentum.

Targeting into the 1.18 area
S/L at 1.1544
İşlem kapandı: hedefe ulaştı
EUR/USD does not wedge in the suspected form. We'll be patient until getting the next opportunity on the radar.

-0.64%

Feragatname

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