The probability of the end of wave A and the beginning of the do
The Ending Diagonal pattern is placed in the 5th wave from point C, by the completion of wave 4, wave 5 is finished in the range of 0.74135. In order to confirm the downtrend, initially the uptrend line must be broken, for the confirmation of the main downtrend, the price needs to cross the range of0.7132, which is the end of wave 4.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.