Your thoughts please!
If you're thinking Elliott Wave a triangle - A point - always starts on
the first counter trend leg to total 5 legs, each, hopefully, with 3 waves
of their own. In this chart Wave E may have already started it's upward
swing. E waves are notorious for coming up short of the trend line which can
make them very hard to trade until they break the triangle/retest.
Or, sometimes they will break below the triangle to really confuse the issue.
In any event stops need to go just below Wave C/A before the triangle is invalid.
This page shows basic examples if you're interested.