Looks like the triangle Wave 2 (of Wave 5 of Wave C) is coming to an end with Wave 3 heading down once we break out of this triangle.
A small breakout above the triangle could be a head fake. Only sustained prices above the triangle would be bullish, which is remote, but possible.
Much more likely for a bearish push post-triangle...
A small breakout above the triangle could be a head fake. Only sustained prices above the triangle would be bullish, which is remote, but possible.
Much more likely for a bearish push post-triangle...
