"Of course it depends on Grace, my god if the they pay dirt it will bounce, if not - well."
Triangle breakouts are considered one of the most reliable patterns.
But, you don't have to wait for me to tell you this, you can check out Bulkowski thepatternsite.com/ yourself.
@marwoode,
I am a swing trader so Elliott wave count is not my forte other than observing whether price is impulsive or corrective.
I am also at a loss to explain when wave counts breakdown. Do you simply start over or what? None of the books I've read have explained this well.
(I admit I did not read Neeley beyond the first chapter but I did read Pretcher's work as well as Constance Brown)
elliott wave count, page-17
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