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Ending diagonal’s are just as the name implies, an ending wave of a larger Elliott wave sequence. Ending diagonal patterns tend to be swiftly retraced. Therefore, a higher likelihood scenario is ...
A significant low is anticipated soon, from which we can expect a rally of at least 15-25%.
Daily chart analysis: Ending diagonal near completion On the daily timeframe, the decline from March 2022 has unfolded as an impulse, with wave ((A)) taking shape as a five-wave sequence.
The Bitcoin move from 88K to 74,415 wasn’t just another fall—it was a textbook Elliott Wave thrust ... a Triangle pattern for Wave-4 inside the ending diagonal (wedge) of Wave-C.
Since the January 23th low, the EURUSD has unfolded in a triangle and terminal thrust or zigzag and ending diagonal or both ... rally from 1.35 to 1.4990 as wave A of a flat (flats have subwaves ...
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