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)
Its time for long position.