Triangle as part of this idea >
May possibly be one more leg within the triangle for E wave to $61 region.
A, B and C waves of the triangle were all 3 wave A-B-C zig-zag patterns, however, D leg still an ABC looks more like a flat correction (as per the image on the top of this page > stocata.org/ta_en/elliott5.html). If so, may have E leg to come before breakout upwards, towards $70.
Holding no position at the moment, going to let Monday play out but will buy a dip to $61 if one presents itself.
May possibly be one more leg within the triangle for E wave to $61 region.
A, B and C waves of the triangle were all 3 wave A-B-C zig-zag patterns, however, D leg still an ABC looks more like a flat correction (as per the image on the top of this page > stocata.org/ta_en/elliott5.html). If so, may have E leg to come before breakout upwards, towards $70.
Holding no position at the moment, going to let Monday play out but will buy a dip to $61 if one presents itself.