The bearish triangle from March 2015 has been a 4th wave which is now complete.
This has to be the final top of wave E, or it isn't wave E. It has ended just below the top of wave C of the triangle (1.3764), which is its theoretical maximum height. The post-triangle thrust measurement from the low of wave 3 suggests a target of 0.89.
This has to be the final top of wave E, or it isn't wave E. It has ended just below the top of wave C of the triangle (1.3764), which is its theoretical maximum height. The post-triangle thrust measurement from the low of wave 3 suggests a target of 0.89.