Wednesday, April 6, 2016

Ending Diagonal In Gbpcad; What next?

On 1st April, we posted an analysis using the chart below.

You can read the full analysis here .

Price seem to have completed the pattern we forecast. the 4th and 5th legs of the diagonal seems to have completed from the chart below.

At the completion of a diagonal, price often moves in high momentum in the opposite direction.

The diagonal can be seen clearly in the chart below.

Price will be expected to rise from here and 1.9070 is the ultimate target.

Let's alert you of trading opportunities that arise from Elliott wave patterns completion.

Subscribe to our mailing list

* indicates required

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...