EUR/USD: triangle in wave [iv]

EUR/USD: triangle in wave [iv]


There's a triangle in wave [iv], so there's a new local high. It seems like wave [v] of 3 is going to be continued. So, if +2/8 MM Level turns out to be broken, we're going to have an updated MM Levels graphing.


Wave [iv] has been ended on 1/8 MM Level, so we've got an upward impulse in wave (i). In this case, we could have wave (ii) in the coming hours. If a pullback from 3/8 MM Level happens littel later on, there'll be an opportunity to have wave (iii) of [v].



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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