This triangle for the Y wave of wave 2 is nearing completion. A move below .75576 and I would say it is done and a 3rd wave down is under way.
Currently the pair is either completing an expanding ending diagonal c wave of e or it is a b wave of the blue b.
A move above .77344 and a larger ending diagonal C wave could be in play and the triangle idea is out but still hold below .7835 .
Currently the pair is either completing an expanding ending diagonal c wave of e or it is a b wave of the blue b.
A move above .77344 and a larger ending diagonal C wave could be in play and the triangle idea is out but still hold below .7835 .
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.