The final diagonal triangle is ready | 26 November 2015

26 November 2015, EUR/USD

The pair continues to drop.

Obviously, this was due to the fact that the wave v of [c] of (iv) took the form of the final diagonal triangle.

If this assumption is true, soon we obviously expect resumption of impulse growth of the pair, and the fact that the previous model is the final diagonal, gives us the right to expect a strong, rapid and continuous movement.

The final diagonal triangle is ready


The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
Vasiliy Lukin
FreshForex Analyst
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