EUR/USD overview. I found a perfect example of the difference between diagonal and triangle on the same chart.
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👉 Diagonal is a motive wave, after it's over, the trend reverses.
👉 Triangle is a corrective wave; after it's over, the trend continues.
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📈The market resumed a bullish trend after the completion of the ABC correction.
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👉 Diagonal is a motive wave, after it's over, the trend reverses.
👉 Triangle is a corrective wave; after it's over, the trend continues.
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📈The market resumed a bullish trend after the completion of the ABC correction.
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Disclaimer
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.