TZSDarren

TZSDarren

Channel

TZSDarren

Classic triangle consolidation pattern. In EW, this is considered a B wave, before finishing up with an impulsive C wave. This could be a retrace of the corrective move downwards (since the early 2000s). Alternatively, if triangle is prematurely broken, this could be an impulsive 3rd wave upwards, where a truncated flat was completed. Essentially, short on...