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FCT potential EW running triangle

577
FCT started a consolidation pattern that looks like the beginning of an ABCDE Elliott Wave Running Triangle.
If C wave bottoms as expected, let's look at a zigzag formation of the DE wave for confirmation.

Buy target would be at the end of E wave
註釋
C wave ended, bouncing off support. So far so good...
註釋
On track, we've double bottomed and now en route to higher grounds. Potential resistances at .111, .118 and .122 where we should see the top of the first shoulder
註釋
快照
註釋
FCT didn't break the downtrend, and a bit early for a shoulder formation. The next leg will tell it all

快照
註釋
FCT didn't get enough momentum to rise past its downtrend. Pattern is obviosuly broken. Idea closed :/

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