There are number of Drawings on this update, that should give you an idea of where everything is going.
There is both an Ascending Triangle and a Symmetrical Triangle that are formed in the same area.
Previous:
Inverse Head and Shoulders broke through the neckline, causing a touch to the Bullish Diversion.
Wave Retracement Pattern ABCDE are completed so expect Trend Continuation to the 3 Drives Upward.
Current:
Expect the Trend to break the Symmetrical Triangle because the Bullish Divergence has a stronger tendency to continue pushing forward the climb upward. This means, that the Ascending Triangle is still in play and will be the major standing and support level to begin the 3 Driver Pattern.
Target 1: ~510-520
Target 2: ~620-640
Target 3: ~700-750
There is both an Ascending Triangle and a Symmetrical Triangle that are formed in the same area.
Previous:
Inverse Head and Shoulders broke through the neckline, causing a touch to the Bullish Diversion.
Wave Retracement Pattern ABCDE are completed so expect Trend Continuation to the 3 Drives Upward.
Current:
Expect the Trend to break the Symmetrical Triangle because the Bullish Divergence has a stronger tendency to continue pushing forward the climb upward. This means, that the Ascending Triangle is still in play and will be the major standing and support level to begin the 3 Driver Pattern.
Target 1: ~510-520
Target 2: ~620-640
Target 3: ~700-750