Here is the alternate count in case price action after the triangle is part of a bigger correction. A target would be around 1.3075, here wave W would equal wave Y, it's close to the 61.8% FIB and it would restest the trendline.
I was born on July 20th 1983. I have been trading since 2007 and using Elliott Wave analysis since 2008. I also use trendlines, fibonaci, candlesticks and various indicators to determine a future direction of price.
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