it basically means its doing everything right so far for price to move higher and start a new cycle, there is 1 alternative where price can get rejected at major creek (resistance) which sits at 1.75 and have a last wave down but i dont think thats the case if my read is correct. I dont usually mess around with things that have so little data but theres alot of positive things on the chart, if you want an example of what im expecting to happen check out a chart of JHC, which basically has the same structure just its a little more advanced.
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