something bad may happen for USD,or something good may happen for EUR! the chart must go up, last wave (E) is a zigzag i think and after zigzag we'll have a powerful wave In the same direction as b of zigzag.
i think a leading Diagonal is completing it says there is a heavy wave after it to up(3rd wave) but after 2nd wave (correction)
on daily chart, it reminds me on 240m somewhere on EUR/USD, exactly something like this happened (mirror pattern) any way, on the on most of contracting triangles E can not overlap the C wave,it's may a cation for us to wait(it's not extracting triangles actually) so i think we should wait and wait to the market,trade on lower time frames(1h example) thank you,i...
IN 99% the chart will go up! but i can't say it surely that what the name of wave is, but B or C, because analysis on monthly is harder i think. i think there is no different between B or C yet but may is be necessary in future,but now that's enough to know it's bullish as B or C. thank you to read my analysis, sorry my chart is not enough clear.
it's completing B wave and as you know B is 3 waves of ABC, and A can has 3 wave inside and and also B can has 3 wave but C has 5 wave, if C have 3 wave inside so it's triangle and completing ABCDE
usd/eur i think USD is awful these days.the chart will go up for a few weeks
a triangle is ending and a strong wave is coming.but wait for confirmation, otherwise your money will decrease
ending diagonal is ending and start strong bearish wave if you want to trade wait to break the star zone
oil may come down again as the last wave, or may go up next analysis,depends on breaking the confirmation lines
it's close to break the line by a good news for united states of America, maybe they can make a treatment these days for the corona virus!!! it makes many pairs of currency down or high, or example in EUR/USD ,will go down but USD/CAD will go up.
as you can see the tilts are lowering and it shows a strong movement in monthly time frame.it maybe a bearish diagonal.let the time what happen