Triangle, bulish posibility.
The price action at (c) did not follow thru $8800 level adding to possibility of building a triangle. Extended fifth becomes 5th of 3rd and odds of whole move from $6400 level becoming wave 1 of larger bull increases.
Decline below 8650 invalidates the count.
Decline below 8650 invalidates the count.
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It is possible that triangle is in place with very shallow (e) ( e took a shape of triangle too).On other hand yet might it still be (d) wave in barrier triangle.
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