Adjusted the fibonacci. Seems to line up better. Target is still the same.
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This could be the local bottom.
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The triangle has matured.
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Redrawn triangle. Still a ways to go. Expecting a more modest, incremental parabolic climb than the recent spike.
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Redrawn Triangle. Stop loss should be the red line.
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We need some volume soon if we are going to break up.
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Keep an eye on the volume profile. Required for re-entry. Expecting a few possible paths. Increased bull volume = breakout of downtrend. Continued volume decline = testing supports.