An update to this idea >
The triangle appears to have broken out to the upside and if the sideways movement between 13th August high of 57,43$ and 3rd September low of 52,87$ was wave 2 then we could be in for a big move upwards towards 63,99$ (1.618 extension).
Breaking the high at 58,79$ is critical to this theory.
The triangle appears to have broken out to the upside and if the sideways movement between 13th August high of 57,43$ and 3rd September low of 52,87$ was wave 2 then we could be in for a big move upwards towards 63,99$ (1.618 extension).
Breaking the high at 58,79$ is critical to this theory.