There is clean bull triangle developing on the daily. From an Elliott perspective this will mark a wave-(iv) within the larger developing uptrend from 2.06. Ideally a rally to 2.26 can complete wave-d where there will be a .618 relation with wave-b (that would be textbook). Once waves-d & e complete, the stage will be set for a wave-(v) of 3 rally to new highs.
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