US dollar index ending diagonal triangle terminated at point E 97.50 in the highest degree time frame, spells long term rise for dollar crosses. If we put up the channel points connecting the start of wave 1 to the termination point in wave 2, a parallel line drawn from the termination of wave 1 gives and indication for the termination of point of a third wave at a point along the upper trend line. In this case June 2020 we'll see euro at 1.48.
This weeks move down has reached core projection target at 1.1158 and should reverse up. At the 1M time frame we've had a Ending diagonal termination on 1158. I'm long at 1.1170.
This weeks move down has reached core projection target at 1.1158 and should reverse up. At the 1M time frame we've had a Ending diagonal termination on 1158. I'm long at 1.1170.
