Things are unfolding nicely. The charts below are Log charts basically the same pattern and can be applied to all charts more or less.
Elliott Wave rules - A triangle is either wave 4 in an impulse or wave B in a corrective.
Just a rule - doesn't always work but the majority of the time it works.
The move out of a triangle is the final move. Makes sense since a triangle can only either be wave 4 or wave B.
There are only 3 waves in a corrective and 5 moves in an impulse.
Just a hunch but this would be classified as a corrective.
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So in ending........ Use critical thinking and think for yourself.
