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PERP 1h chart Elliot waves count

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Hi guys, as you can see PERP broke out from the paralel channel after doing a complete Elliot waves cycle. I charted the possibility of another impulse wave that is currently on wave 1 of 5. Cconsidering the rounding bottom and also the Fibonacci extension level at 2.618 I think we might see the 9 $ levels very soon.

I also posted a related 2 links from last week when I was waiting exactly for this move to happen.

Just an idea, not financial advice.

Trade safely guys !

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