1. Five wave corrective pattern should form a triangle wave.( A,B,C,D,E – YES FORMED)
2.Triangle wave should have minimum 45 days duration.( YES 45 DURATION PRESENT)
3. Triangle breakout around 70% zone expected. (YES BREAKOUT HAPPENED)
4. At breakout considerable volume should occur.( YES ABOVE AVG VOLUME PRESENT)
I felt very difficulty in finding the triangle pattern. I almost searched in more than 100 charts to find this one. I don’t know where am I missing.
Is every one facing the same difficulty, If not kindly guide me.
EXCELLENT WORK