At this point in time, the market is trying to figure out its next big move. It really can go either way at the moment. The move may be pretty big either way.
If the bulls win, they have a nested 1-2 i-ii to explode to the upside. However, if the bears have any say, they may thrust down out of that tri once it is complete. Best to stay nimble and just trade the triangle trendline in a breakout is identified.
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