The "Elliott Wave Principle: Key to Market Behavior" has a chart showing a nine wave EW correction/consolidation and if our prior chart is correct and this is a 4th wave, this makes sense because 4th waves are usually triangles
Reference:- oceanicfxsite.f...11-09-59-am.png?w=863
I'm also impressed that the support has held so well. This pattern gets confirmed after a proper break-out at $7100+
Zoomed out
Reference:- oceanicfxsite.f...11-09-59-am.png?w=863
I'm also impressed that the support has held so well. This pattern gets confirmed after a proper break-out at $7100+
Zoomed out