A retracement of 61.8% to 78.6% in an a-Triangle b-c formation is in progress as Minor degree wave B. And Its Minute degree wave ((b)) seems to be expanding well in a triangle pattern in sideways.
Next week >> the triangle's wave d would achieve the Fib 0.618 expansion target at 12.78 (might be exceed it), then will be followed by a decline(.618 wave c) in wave e.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.