Diagonal patterns are simple technical patterns that offer tight zones of entry and exit. Many times, the risk-to-reward ratio of the diagonal pattern will better than the 1-to-2 ratio that we suggest ...

In this article, we want to show you how powerful can an ending diagonal be, also known as a wedge pattern. In conventional technical analysis, they call it “wedge”. In Elliott Wave analysis we call ...

EURUSD likely completed an ending diagonal pattern last week near 1.1631. The short-term trend now points downward. The next downside targets are 1.1065, and possibly 1.0733. Starting from the May 12 ...