Preferred view suggests metal has thrusted lower from the triangle and is currently in wave ( b ) of triangle thrust. After wave ( b ) completes, expect more downside toward 3.19 – 3.2228 area to complete wave B before it turns higher in wave C. The hourly cycles are positive so we don’t like selling the metal in the proposed push lower.
Back![](https://elliottwave-forecast.com/wp-content/themes/dynamik-gen/images/content-filler.png)