Triangle with Wave A the Largest
- Price breaking out of 56.3% Fib retracement of Wave A is valid breakout.
- Triangle occurs at Wave 4/Wave B/the last pattern in Double-three and Triple Three combination.
- Triangle signifies change in market sentiment from Bearish to Bullish vis versa when it ends Double-Three and Triple Three combination.
- Target is based on equal distance between Wave A and proposed price target for profit
Disclaimer: This is author's trading view on the assets and not a financial advise.
