For the pair under consideration, the decline did not have time to develop so much to talk about its impulsive nature. A rebound occurred by reaching the lower generatrix of the diagonal. Presumably, it is...
Although the pair is moving in the expected direction, some caution remains. The past day in this regard did not show anything definite. Growth turned out instead of the expected decline. It can be seen...
The most understandable situation is currently developing for the USD/JPY pair. Earlier, after the completion of the development of the diagonal in wave 5, an upward lead was formed here. Now, the price is correcting...
The buyers were not allowed to make the final push to the upper generatrix of the supposed diagonal. Instead, a reversal occurred and the price went down. Probably, wave [v] of v turned out to...
The pair ended the last trading week with a decline. Most likely, this is an impulse that is part of a corrective pattern, but which one - it is difficult to say at the moment....