EURUSD – Fifth wave might take the form of diagonal – December 15th, 2020

The market has been moving up since wave ((ii)) ended as a zigzag. It’s highly likely that there’s a developing extension in wave ((iii)). Wave (iv) is over, so the fifth wave is going to continue unfolding, probably in the form of an ending diagonal. If correct, the pair should continue unfolding the third wave inside the pattern.

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