But for those only interested in what is to happen next (you're the ones without a PLAN!), well, here you go. Prices are now declining from being rejected by the upper TL of the larger triangle and the completion of the leg E of the smaller triangle. That move up was the wave B of leg D and this wave down is just the wave C of the larger leg D keeping in mind that each leg of a triangle contains 3 waves. But also remember that the wave C itself will likely be a 5-wave move.
The recent price action up has also setup a nice POTENTIAL that has it's completion right down by the lower TL (red dashed line) of the smaller triangle. Upon completion, we should see a bounce back up maybe near to the upper TL of the larger triangle and then back down.
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