An update to previous triangle idea >
Looks like the internal waves of E are underway with B of E (purple waves) tagging the sloping triangle trendline later on Friday. I believe we are in C of E now.
All waves made up of 3 way ABC patterns as you would expect for a ABCDE triangle.
I have a short position from 6815 to close at 6715 and then long from there for what could be triple bottom before triangle exit to 71-73
Looks like the internal waves of E are underway with B of E (purple waves) tagging the sloping triangle trendline later on Friday. I believe we are in C of E now.
All waves made up of 3 way ABC patterns as you would expect for a ABCDE triangle.
I have a short position from 6815 to close at 6715 and then long from there for what could be triple bottom before triangle exit to 71-73
Trade closed manually:
Closed shorts and added some longs