I think it's making an ascending triangle to beat the 0.236 fib retracement of the bearish move of the big triangle which is D in ABCDE. Price range of this little triangle if it breaks upside targets exactly 0.5 fib of the bearish move where I think we will see some sells and then push it up to the big triangle's trendline resistance (point E) which is exactly...
If this is count is valid, then triangle by rule is either a 4th wave or a B wave (or X). It defiinetely is not a 4, so if it plays as a triangle then it's a B... If it is a B, then there has to be a C...
