In Elliott Wave terms we seem to have had a completed 5 wave sell off finishing with an expanding diagonal (or triangle) This would imply the selling is now over and a major rally starts here.
I happened to look at LSE:BARC yesterday and noticed this:
It looks like we are finishing a wave 4 correction in the form of a descending triangle and again this means that the next move will be a strong wave 5 rally upwards.
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