The rapid growth of the euro broke the structure of the diagonal triangle model, so there was a need to reconsider the current situation. Perhaps, the observed growth is impulsive in nature, in which a...

After a hesitant breakout of the triangle, the price returned to the lower formation. The assumption of the retest was confirmed, the price rushed down. Perhaps, thus, the formation of wave 3 of the downtrend...

The pound, as well as the euro, has been growing too fast lately. It is unlikely that this growth is a part of the correction, especially since the local maximum has been almost reached. It...

The price continued to flounder, this time failing to break through the trend line, rebounded and rose rapidly. So far it looks like a corrective wave in the final wave 5 of v. But confirmation...

There is still nothing important happening for the pair in question. The price continues to trade in a certain price range, probably, forming a corrective wave. On this basis, the previously assumed scenario of events...