Minute wave 3 completed near 9800. We are now on minuette wave (c) on minute wave 4. Wave 4 could be a zigzag that has completed diagonal minuette wave (a) and zigzag minuette wave (b) and is now trying to complete its final minuette wave (c) that appears to be a triangle (contracting or expanding depending where subminute wave d completes). The wave (c) triangle completes successfully if micro ABC waves complete roughly as seen in the chart. If wave (c) triangle completes there is a good risk reward ratio for going long. In that case, entry would be around 8600-8700 and stops around 8500-8550. A safe target would be 8900-9000.
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