We have classic bearish 5 waves pattern with an ending diagonal trangle in wave 5.
An ending diagonal is a special type of pattern that occurs at times when the preceding move has gone too far too fast.
In all cases, they are found at the termination points of larger patterns, indicating exhaustion of the larger movement.
An ending diagonal is a special type of pattern that occurs at times when the preceding move has gone too far too fast.
In all cases, they are found at the termination points of larger patterns, indicating exhaustion of the larger movement.
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Comment:
Good progress.
Comment:
Comment:
Bigger picture.
Long term trade.
Long term trade.
Trade closed: target reached