Trade ideas for March 28 - April 1
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
EUR/USD: "diagonal triangle" in wave c of (ii)
2019-11-11 • Updated
There’s a possible flat pattern in wave (ii). Previously, wave (i) has been formed, so the market is likely going to deliver wave (iii) in the short term. The main intraday target is -2/8 MM Level.
We’ve got an expanded diagonal triangle in wave c of (ii), so the price is declining in wave i of (iii). The main intraday target is 2/8 MM Level, which could be a departure point for an upward correction.
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