The wave pattern of the observed currency pair has undergone some changes. Previously, it was assumed that the diagonal triangle had already been completed. However, the situation now suggests that this model is still forming....
The currency pair in question is performing quite well according to the proposed wave scenario. After forming a downward movement in the form of a simple zigzag, the price rose confidently. It is likely that...
The market has fully priced in the earlier signal formed by the initial diagonal triangle, which is viewed as wave a in a simple zigzag. Buyers resisted for a long time, doing their best to...
Buyers are under selling pressure — bending but not yet breaking. The price is making another attempt to move lower, and we’ll see how it unfolds this time. A strong directional move is expected, driven...
As expected, buyers made a bold attempt to seize the initiative, managing to push the price up quite significantly. The price rose more than anticipated, yet the situation remained under the control of the sellers....