Not the prettiest Elliot wave setup I've seen but it does merit some attention. Approaching what seems to be the 4th wave terminus and getting ready for the 5th and final wave up. Theoretically support at 10320 should hold otherwise the Elliot wave is invalidated but I wouldn't be surprised if a throw-under (term? haha) occurs.
The descending triangle also looks like a bullish formation to me. Indicators are also deep in oversold territory. Aggressive traders could enter at support (10320). I am on the sidelines here until daily candle closes provide some clarity.
The descending triangle also looks like a bullish formation to me. Indicators are also deep in oversold territory. Aggressive traders could enter at support (10320). I am on the sidelines here until daily candle closes provide some clarity.