Ending Diagonal
Perfect ending diagonal in AUDCHF, and it will go up in 3,2,1...Se nos acaba de presentar una hermosa Ending Diagonal en AUDCHF. Ya ha roto su tendencia, así que esperaré una banderita para buscar un Take Profit con Risk reward de 1 a 2.
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We can see a perfect Ending Diagonal in AUDCHF. It has already broken the trend line, so I'll wait a flag to enter in long, searching a Take Profit with Risk reward of 1 to 2.
Avon products (AVP). Possible Ending Diagonal. Buy breakout.It could be an ending diagonal in the last wave down.
MACD shows bullish divergence for many months and its reading is positive already.
Price is already drilling the resistance.
Long on breakout.
AUDUSD. Possible Ending Diagonal. Sell on breakdown.Hello there,
There could be an Ending Diagonal in wave c (yellow) of B (white).
Sell on break. Target previous low at 0.7808
Nasdaq 100, Elliot Wave 5Price Action in Nasdaq 100 is showing up an ending diagonal pattern (Wave 5 of 3)
Typically ending diagonal moves in 3-3-3-3-3.
Currently we are in the last smaller motive higher of the 3. It looks like a throw over pattern as price broke upwards of the diagonal.
Currently pending short as we wait for the last C movement to exhaust. (Wait for a bearish candle).
EURUSD Corrective structure Another way I see it going will be in Idea updates! Thanks for looking! If your trade idea is similar post it in the comments, and I wish us luck!
ENDING DIAGONAL IN USDCHF - 4H CHARTHey Traders,
Looking for some more upside but we should get a downmove from the 5 wave structure shown.
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Hey Traders,
Buscando algo más de subida pero deberíamos tener un movimiento bajista que salga de la estructura de 5 ondas mostrada.
Carlos
DXY is this a possible diaganol in the making?Regardless of this making the ending diagonal, we have a bunch of built up divergence and need to correct the previous impulse. Let's see!!
GBPUSD. End of correction. Sell on break of support.Hello there,
There is a chance that we are finishing corrective move to upside with an ending diagonal at the top.
Sell on break.
EURGBP ending diagonal?Hey traders! The daily structures showing one more down is a strong possibility. Is this an ending diagonal pattern on the 1hr and will it help us get a good entry for the daily structures down move? We will see!
10 Year US Notes Looking Lower10Year US notes can be trading at the start of a new bearish leg, after a completion of a higher degree complex correction within blue wave IV. Current sharp reversal was quite expected, as price formed an ending diagonal pattern within the final wave (C) of IV, which usually suggests a sharp reversal after its completion. That said current weakness can now represent red wave (1), part of a bigger bearish leg that can unfold in weeks to come. More weakness is now expected on the 10 year us notes, but be aware corrections will pop up during the process, and the first one can already be minor wave 4 of (1).
Ending diagonal
An ending diagonal is a special type of pattern that occurs at times when the preceding move has gone too far too fast, as Elliott put it. A very small percentage of ending diagonals appear in the C wave position of A-B- C formations. In double or triple threes, they appear only as the final “C” wave. In all cases, they are found at the termination points of larger patterns, indicating exhaustion of the larger movement.
structure is 3-3-3-3-3
a wedge shape within two converging lines
wave 4 must trade into a territory of a wave 1
appears primarily in the fifth wave position, in the C wave position of A-B- C and in double or triple threes as the final “C” wave
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All our work is for educational purposes only.
All eyes on the "loonie" (USDCAD)Earlier Fractology published its bullish view on USDCAD. We were wrong to expect an upside move that soon. As of now, Fractology does not change its bullish analysis and we keep on looking for buying opportunities.
On the chart above there is a chance of forming an expanding ending diagonal which has no other choice but to resolve up.
Secondly, any chart rejects the possibility of a price moving in a straight line without a decent correction. Therefore the lower the pair comes the higher we expect a retracement.
Fractology recommends having a look at NZDCAD which has a similar setup and might surge up this week.
$EUR vs $JPY 4H Chart. Ending Diagonal |#EURJPY#yen #eur #fxTraders,
EURJPY has been in a rally, and is ready to drop.
An ending diagonal is formed at 5th wave, right on 61.8 fib extension.
-First target is the 38.2 fib retracement of the impulse, where the low of 4th corrective wave ends.
Trade with discipline.
Best
Ending Diagonals: Trade Setup!Hello!
Hope everyone had a great weekend.
I'll post more examples in the comment section below to help you develop a better understanding of where and how to identify ending diagonals.
Feel free to write your questions in below.
Please share, comment and link this post for more educational posts :)!
NZDUSD - POTENTIAL SHORT OPPORTUNITYExpecting Long term sell similar to what happened with previous patterns highlighted.
Possible Expanding Diagonal in Crude Oil (Elliott Wave Analysis)It seems that Crude is in the last stages of what I see as an Expanding Ending Diagonal. I will wait for confirmation however as this market has already fallen below the 61.8% mark of the previous up swing.
I will update further as this market progresses.
Possible ending diagonal in Crude Oil (Elliott Wave AnalysiCrude looks to have formed a reversal right at the crucial support level of 46.90, if this support level is held then this is most likely an Ending Diagonal in Wave C.
If things go as expected this market will see levels above 51.95 in the upcoming sessions.
I will update further as this market progresses.
