EUR/USD in Possible Ending Diagonal

URUSD Elliot Wave Analysis 1H

The EUR/USD has been edging lower since the strong downward movement in June 14th. My current wave count indicates that the pair could be forming an ending diagonal (blue color) as part of the overall downtrend. The picture on the 4H chart below remains more of the same and could indicate that higher count wave 5(light blue) could end as Read More …

3 High Probability Chart Trading Patterns

There are various chart trading patterns that can help you make better trades. However, some of the most reliable and forward-looking trading patters include the Gartley, the Butterfly and the AB=CD, also mentioned as harmonic patterns. A market either moves in a trend whereas it expands or moves sideways or consolidates whereas it contracts. Usually for contraction the most commonly Read More …