An ending diagonal structure is a reversal pattern found in either wave C or 5. In this case it is in wave C. We are shorting wave 5 of the diagonal while being keen on Fibonacci Level and the lower trendline of the diagonal
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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.