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Euro / U.S. Dollar
Jan 17, 2021
EURUSD - The Ending Diagonal Count - Wave iv In Progress
2
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Going back to the ending diagonal count makes the most sense in this situation because it looks right.
Trying to look at this whole move since March 2020 as a regular 5-Wave move simply feels wrong.
In this case Wave ii was short and sharp therefore I am expecting this Wave iv correction to be ongoing for a little while.
After this correction is over we will be targeting the upper channel in 3 Waves for Wave v.
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