GBP/USD, Daily A Diagonal is a common 5-wave motive pattern labeled 1-2-3-4-5 that moves with the larger trend. Diagonals move within two contracting channel lines drawn from waves 1 to 3, and from ...
Remember how during the time of the Greek bailout a couple of weeks ago, the euro didn't seem to "know" which way to go next? There is a reason for that, says The Wall Street Journal-- carry trade: ...
leg 1 [1.1552-1.1960] , leg 2 [1.1960-1.1716], the 3rd leg took place from 1.1716 and reached Friday 1.2188.The 3rd leg potential target is between 1.2277 and 1.2375.After the completion of the 3rd ...