LEADING DIAGONAL POSSIBLE BREAK OUT

25 ביולי 2020

A Long position can be traded in the market, as the 5th wave tends to complete the zigzag pattern formation. If we count numbers of zigzags formed, it can be clearly seen the 3-3-3-3-3 Diagonal formation is almost complete. This signifying the possible break out to the 1.628 position.

Please kindly check the chart for details.
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