An ascending diagonal triangle is a bearish sign and is usually followed by a sharp drop in prices, at least to the level where the triangle started. Fifth wave lengthening, truncated fifth wave, final diagonal triangle - all these patterns contain the same fact: an upcoming impressive change of direction. The sign of the overlap of waves 1 and 4 and the convergence of the wedge-shaped forming lines remain the same as in the final triangle. However, the subdivision into waves is different, drawing a 5-3-5-5-3-5 pattern.
The bottom for the pattern of in the short term figure is 0.082 EUR or 0,088 USD.
Good luck in your trading and have a massive profit.
The bottom for the pattern of in the short term figure is 0.082 EUR or 0,088 USD.
Good luck in your trading and have a massive profit.
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免責事項
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.