AIR NEW ZEALAND LIMITED
Long
Updated

Bullish Triangle ???

199
it pimply looks like a triangle after impulse

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maybe the triangle only represents sub wave B of a Zigzag snapshot
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my preferred wave count suggests wave c of (iv) , so i am expecting c=a or 0.618a
if c=1.618a then i may have to change the overall structure snapshot
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snapshot wave (iv) done?
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a solid daily close above the yellow trend line would suggest wave (v) is under way
snapshot
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looks like a lower degree triangle snapshot
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maybe wave (v) is done
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otherwise the recent top could be i of (v), but we need to see price push above 3.15 first
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snapshot

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