Elliott Wave Formation: Wave 3 is getting formed, which is the largest swing in the Elliott wave.
Try to ride as far as possible.
Wave 3 Vertical length=1.618× Wave 1 Vertical length
Target = ~6500
1. Long-term trend : In uptrend ✅
2. Pattern formed : A Triangle is formed. Multiple touchpoints on the upper and lower trend lines from
March 25 to June 25.(3 Months) ✅
3. Breakout : Multi-Frame breakout.
Two breakouts on the same day, June 25, 2025 ✅
Breakout on Daily Chart
1. Triangle upper trend line breakout with higher volume - 1.9M
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