EURUSD

An explanation on subsequent of the ongoing fourth wave:

A zigzag [a – triangle b – c] up could be labeled as wave (a), and then a possible zigzag [leading diagonal a – b – c] down as a wave (b) in progress, …

Triangle:

“A triangle appears to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility. the triangle pattern contains five overlapping waves that subdivide 3-3-3-3-3 and are labeled A-B-C-D-E.”

EURUSD - Intraday

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