The pattern that formed between the end of July and mid August looks like a perfect triangle and if so its quite likely in my opinion that the triangle is wave B.

If the triangle was B then the impulsive move up must be C and a common extension is 1.618 which sits $2597.

I think we're in the process of wave 4 of C right now.

It'll be interesting to see if it is ABC move because there could be a swift move down once C is complete.

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