EURUSD - Trends, Forecasts and Implications (Part 2) - page 1743
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I misspelled it a bit. The Chinese have been selling US promissory notes and buying net bonds offshore (Caribbean) for two months now
I get that, but shy away from it....)))
H4 EUR/USD either a 4 BB formation
or with a tight run-up from 5 to 6 ...
p.s. EUR/JPY from 5 to 6 hour is the same.
Who is KDT - explain to the illiterate
- A diagonal triangle always consists of five main waves.
- The end of wave 2 never goes beyond the beginning of wave 1 .
- Wave 3 always extends beyond the top of wave 1 .
- the end of wave 4 usually goes over the top of wave 1 but never over the beginning of wave 3 .
- Wave 3 is never the shortest of all the active diagonal triangle waves.
- None of the major active diagonal triangle waves can be an impulse, a wedge, or a diagonal
triangle.
- Major waves are marked by numbers only.
-Sometimes wave 5 is shorter than wave 4 and does not go over the top of wave 3 (truncation).
- all waves tend to be zigzags or derivatives thereof.
- Wave 2 tends to form a correction with a depth of 62% to 78%.
- 4th wave tends to form a correction which is 50% to 62% deep.
- in a converging diagonal triangle, wave 1 tends to form the longest and wave 5 the shortest.
- a diverging diagonal triangle, wave 1 tends to form the shortest while wave 3 or 5 tend to be the longest.
- In a converging diagonal triangle the 5th wave tends to end near or break through the line of formation.
- In a diverging diagonal triangle, the 5th wave usually ends without reaching the forming line.
- A diagonal triangle may not be the final major wave in a diagonal triangle of an older TF, but it
diagonal triangle may be the final C wave in an A-B-C zigzag ending such a diagonal triangle.
- A diagonal triangle may only be the last major wave in an impulse, a zigzag, or a wave plane
(presumably also in a wedge).
- Once a diagonal triangle ends, either a correction or a new trend in the opposite direction always begins
which tend to reach the beginning of this pattern.
- Waves 1, 3 and 5 of a diagonal triangle are valid and indicate the direction of the completing trend, as
diagonal triangle itself.
- The wave formula for a diagonal triangle is 3-3-3-3-3.
Who is the CDT - explain to the illiterate
I get that, but shy away from it....)))
today in Europe, in the 'heart' practically (Vatican) there was an agreement to grant airspace with Afghanistan via Russia.
I think the euro is getting stronger locally ))))
The green and blue options from the last round fell away due to the H4 MACD going into positive territory. Now I think so.
today in Europe, in the "heart" practically (the Vatican) an agreement was made to grant airspace with Afghanistan via Russia.
I think the euro is getting stronger locally ) )))
I have different conclusions. Russia is becoming an enemy of Afghanistan, with all the consequences....IMHO
today in Europe, in the 'heart' almost (the Vatican) an agreement was made to grant airspace with Afghanistan via Russia.
I think the euro will strengthen locally ))))
It's going strong as it sold off this morning and it's still going strong +-30pp. When this nonsense is over we will go down fast.