Reading Time: 2 minutesWithin the $EUR/USD. The pattern that I’ve been tracking for about a month The $EUR/USD. About a month-long cumbersome Expanded Flat, a roller coaster ride to say the least. Right before giving up, the pattern unveils itself. In difficult times of uncertainty, you may have to step away and let the pattern form. You can’t[More…]
Dissecting The All Too Famous Zig-Zag Pattern
A zigzag in a bull market is a simple three-wave declining pattern labeled A-B-C. The wave sequence is 5-3-5.
- A three wave move in Wave A, signals a flat or triangle for Wave B
- A triangle always occurs in a position prior to the final wave
- Wave C is the final wave in the sequence