If wave iv able to retraces to 70.20, keep patience. Further after 70.20, If it moves below 69.25 then flat could be forming. if goes past above 70.35, Triangle could be forming. Strict SL required in either way Trading.
Primary wave 4 expected to be in sideway either in flat or in any triangle variation. One more higher high will invalidates ZIG-ZAG possibility as retracement will be more than 61.8 of previous move as per Neely wave
Looks like Wave A is complete. There should some Reversal with Wave B and will complete its correction C as some investors would look go for some profit. Please comment on this if you find anything missed out.