The short-term wave may be completing in the form of 4 triangles. To be sure of this, the C wave inside the triangle must not be violated. There is no violation of the rule at this time. However, it seems possible that it could retrace up to 88.7 per cent. I will continue to be on the long side of the triangle with a stop below C. At the same time, I expect the upward trend line from the larger count to stick to this plan.
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