Possible Ending Diagonal forming to the downside on EUR/USD could lead to prices moving lower but not too much, if the pattern plays out as expected, we may see a strong pullback. Let's wait and watch.
Comment:
Hypothesis 1 : Suggesting Impulse down for Green W.5 Circled.
4H :
4H :
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4H : Impulse heading in the downward direction :
1H : Possible Ending Diagonal for Green W.5 Circled :
15m : Magnified view with the Impulse down for W.C Green is under progression :