expanded flat ABC in purple completed
[b]if market close above 113.380 invalidate this pattern
i recommended that a short @ 113.320 based on the following
*ABC in purple =expanded flat complete @ 1.618 extension
*B in blue complete @ 618 fib extension
see chart for more clarity
should you be concerned that it popped its head out the trend line, hell yeah you should be concerned this maybe getting ready to rip to the long side. watch for the pullback & higher lows. May not be in a descending triangle after all.