EURUSD triangle structure seems to suggest that we have a little more upside correction left before turning lower. The test could take place near 1.13, the 78.6% Fibonacci and also a price/trendline intersection. Both MACD and the RSI support short-term bulls! If successful, the chances of reaching a fresh multiyear low would increase. Trade safe Stavros...
Several possibilities of trades in each direction, also I talking about very important rules of the Elliot Wave Theory: Impulse wave definition corrective wave definition Fibonacci forecasting leading diagonal definition alternation rule by Elliot Theory Please make your self comfortable and enjoy, if you have any questions or enlightenment, please comment and...
This is a video which I explain about ending and leading diagonals, and present how we can recognize it. don't forget to comment if you have any question or anything you want to inlight, I wish to us all a solid trading week!
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil