Possible Ending Diagonal to the downside on EUR/USD

Short

Euro / Dollaro (FX:EURUSD)

Aggiornato

FX:EURUSD Euro / Dollaro

Wave Analysis Trend Analysis EURUSD short elliottwaveforecasts Ending Diagonal

waveanalysis trendanalysis eurusd short elliottwaveforecasts endingdiagonal

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.

Commento:

Hypothesis 2 : Ending Diagonal for Green W.5 Circled :

4H : Impulse heading in the downward direction :

snapshot

1H : Possible Ending Diagonal for Green W.5 Circled :

snapshot

15m : Magnified view with the Impulse down for W.C Green is under progression :

snapshot

Commento:

Hypothesis 1 : Suggesting Impulse down for Green W.5 Circled.

4H :

snapshot

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