What you have showing actually looks more like a Cup'n'Handle, to be honest. Forget the waves...for now.
majorlee
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@obsidianram, even more so now, where would you say the end of the cup is forming?
obsidianram
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@majorlee, With the recent sideways activity, indications seem to be it may be here now. Watching the mid-.40 range and it's stalled, so that seems to be the top end.