Looks plausible only time will tell whether or not this plays out? thepatternsite.com/EWTriangleSymmetrical.html Targets estimations for up & down breakouts. NB : We seem to be consolidating around the 50% retracement level!
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Running Triangle update:-
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Correction to the naming of this triangle it is probably "Symmetrical" !
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Maybe a bit more down to come Wave C?
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Into Wave D of the EW 3,3,3,3,3 Symmetrical Triangle imo
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Look for Symmetrical Triangle Down Breakout target now!