The ideal diagonal would consist of five waves. Each wave of the three waves to the downside would be smaller than the previous alternating wave. The alternating waves of the 5 wave move are waves 1, ...

EURUSD likely completed an ending diagonal pattern last week near 1.1631. The short-term trend now points downward. The next downside targets are 1.1065, and possibly 1.0733. Starting from the May 12 ...

The U.S. dollar has reached new lows recently against the majors, driven by a higher stock and commodity market, especially oil which has touched the 80.00 area over the past few sessions.... Eur/Usd ...

Add articles to your saved list and come back to them any time. Diagonal patterns are simple technical patterns that offer tight zones of entry and exit. Many times, the risk-to-reward ratio of the ...

Diagonal patterns are simple technical patterns that offer tight zones of entry and exit. Many times, the risk-to-reward ratio of the diagonal pattern will better than the 1-to-2 ratio that we suggest ...