this triangle represents a high probability area for a reversal. why? 1-because we are now in Y wave and according to channeling technique, this zigzag should terminates in lower line of the channel. 2-using fib extension tool,the triangle is present in 1-123.6 % extension of wave W. 3-using fib retracement tool, .618 % retracement from previous impulse is present in the triangle.