The ideal diagonal would consist of five waves. Each wave of the three waves to the downside would be smaller than the previous alternating wave. The alternating waves of the 5 wave move are waves 1, ...

Potential Target: $6,521 – the beginning of the diagonal pattern, with potentially lower levels. Wave Count: Completed ending diagonal and 5-wave rally since April 2025. On February 17, S&P 500 ...

Since the January 2015 Swiss National Bank de-peg, the Swiss Franc has gone largely unnoticed by many traders. After having several months to more freely float, the patterns are becoming technically ...

You have reached your maximum number of saved items. Remove items from your saved list to add more. Diagonal patterns are simple technical patterns that offer tight zones of entry and exit. Many times ...

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 ...