We're in an impulse phase, trading a wave 3 and it always sub-divides into an impulse pattern as well. The wave 4 of the sub-wave is a potential Triangle pattern.

We can place buy stops at the B-D upper line and stops at wave E our target is based on the 3 projection of 2.618 as wave reached 76,8 Fibonacci retracement level.
Elliott Wave

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Feragatname