Healthy uptrend on the 4 hour chart (Not so much on the daily)
Price above the 20 Ema and 200 MA
Price above the ichimoku cloud
It passed the support zone at the 2.12410 level, with a little consolidation.
Hi @timwest! in this type of pattern I use the Elliot wave more as a price indicator, rather than the beginning or the end of the wave, I'm currently learning how to use it actively on my trades, that's why I've settled it on default on my chart studies, but i'm not currently basing my decisions on it. Thank you for asking!