EUR/USD: leading diagonal in wave (i)

EUR/USD: leading diagonal in wave (i)

2022-12-16 • Updated

Image20171005115122001.png

The price faced with support on 0/8 MM Level, so wave 4 may have been ended as a zigzag pattern. In this case, we're likely going to have an upward impulse in wave [i], so we should keep an eye on 3/8 MM Level as the nearest bullish target.

Image20171005115122002.png

There's a leading diagonal in wave (i), but wave (ii) hasn't been finished yet. So, the pair is likely going to test 0/8 MM Level, which could be a departure point for wave (iii) of [i].

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