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Euro / U.S. Dollar
Short

Possible Ending Diagonal to the downside on EUR/USD

By NeeravYadav
Updated
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.
Note
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
Note
Hypothesis 1 : Suggesting Impulse down for Green W.5 Circled.

4H : snapshot
elliottwaveforecastsEnding DiagonalEURUSDshortTrend AnalysisWave Analysis
NeeravYadav
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