The most common pattern after a large advance or decline is a triangle. In Elliott
this shows up in wave 4. There are also a number of triangles showing up withing the very large potential forming triangle (in mauve lines). These are called FRACTAL
pattern. If it's the blue path, it will likely be choppy for a while. (5 to 10 days) Then followed by a thrust upward. IF it continues to advance with the RED line then 1.17 is possible.