It consists of five waves. Wave 2 is an expanding triangle, and wave 4 is a tapering triangle. Wave 1, 3 and 5 are trends. All waves of trend (3) are related by Fibonacci. Wave 1 for example, is related to wave 3 with the ratio of 1.382. Wave 3 is related with wave 5 with the ratio of 0.5. Of course, to predict the Fibonacci ratios is impossible, but these levels play a very important role in the assessment of the situation. In spite of different inner corrections formation characteristics of the trend waves, but they have one common feature –inner triangles 2 and 4 are comparably sized which mean that they are well visible on the one time frame charts. I have to go back to the description of wave 4 and to re-make the description of triangle. Now it looks like this. Tapering triangle 2 received the distortion during its formation. Here wave C has not reached the desired level. If you remember, I made a similar amendment to the expanding triangle 2. Of course, it complicates the process of determining waves and leads to errors. It is impossible to predict. But the most important rule of the triangle is fulfilled. At this place in the chart of narrowing process is visible clearly. I think we are already in wave (4). It will be a tapering triangle. I think the triangle (4) will be more than the triangle 4. Because this wave of great degree. But we'll talk about a little later. I wish you good luck in your business transactions.